{"id":130157,"date":"2025-05-28T10:15:48","date_gmt":"2025-05-28T10:15:48","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=130157"},"modified":"2025-05-28T10:15:48","modified_gmt":"2025-05-28T10:15:48","slug":"blackrock-to-join-telegrams-1-5b-bond-sale-wsj","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=130157","title":{"rendered":"BlackRock to join Telegram\u2019s $1.5B bond sale: WSJ"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBlackRock, one of the world\u2019s largest Bitcoin holders, is reportedly participating in a bond raise by crypto-friendly messenger Telegram.<br \/>\nTelegram is expected to raise at least $1.5 billion in a bond issue on May 28, with support from existing backers like BlackRock and Abu Dhabi\u2019s investment firm Mubadala, The Wall Street Journal reported.<br \/>\nAs part of the sale, Telegram is offering investors five-year bonds at a 9% yield, the report said, citing sources familiar with the matter.<br \/>\nTelegram plans to use the proceeds to buy back remaining debt from bonds issued in 2021, which are due to mature in March 2026.<br \/>\nDiscounts for potential Telegram IPO<br \/>\nApart from existing Telegram bondholders like BlackRock and Mubadala, the sale is also expected to bring new investors, including the US hedge fund firm Citadel.<br \/>\nThe WSJ report came weeks after Bloomberg first reported on Telegram&#8217;s bond sale in late April, with sources claiming that the company was holding investor meetings about a bond sale worth about $2 billion to refinance its debut debt offering from 2021.<br \/>\nAccording to the Financial Times, Telegram\u2019s new bond offering will allow investors to buy shares in a potential initial public offering at a 20% discount, mirroring the terms of previous bond sales.<br \/>\nThis is a developing story; further information will be added as it becomes available.<br \/>\nMagazine: Bitcoin bears eye $69K, CZ denies WLF \u2018fixer\u2019 rumors: Hodler\u2019s Digest, May 18 \u2013 24<a href=\"https:\/\/cointelegraph.com\/news\/blackrock-telegram-bond-sale-1-5b-ipo-discount?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBlackRock, one of the world\u2019s largest Bitcoin holders, is reportedly participating in a bond raise by crypto-friendly messenger Telegram. Telegram is expected to raise at least $1.5 billion&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130157"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=130157"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130157\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130157"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}