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General Knowledge Samanya Gyan
भारतीय राष्ट्रीय कांग्रेस के किस अधिवेशन में सरोजिनी नायडू इसके अध्यक्ष के रूप में चुनी गई थी?
In which session of the Indian National Congress Sarojini Naidu was elected as its President?
Anonymous Quiz
दिल्ली अधिवेशन 1918/Delhi session 1918
कोलकाता अधिवेशन 1925/Kolkata session 1925
कानपुर अधिवेशन 1925/Kanpur session 1925
कलकत्ता अधिवेशन 1925/Calcutta session 1925
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Telegram hopes to raise $1bn with a convertible bond private placement

The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.

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