Telegram founder responds to market concerns: the company's capital structure has nothing to do with Russia

According to Odaily, Telegram founder Pavel Durov responded on January 7th on the X platform to recent FUD surrounding Telegram. Durov stated that Telegram has no connection with Russia in terms of capital structure, and that there were "absolutely no Russian investors" involved in its recent $1.7 billion bond issuance.

He further pointed out that the old bonds issued by Telegram in 2021 have been largely repaid and do not pose a current risk. He also emphasized that bondholders are not equivalent to company shareholders, and that he remains the sole shareholder of Telegram. There is no direct relationship between the bonds and the equity.