Sources: Telegram owes creditors ~$700M by the end of April and plans to sell $1B to $1.5B in company debt to cover the bill (Sam Schechner/Wall Street Journal)

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Sam Schechner / Wall Street Journal:

Sources: Telegram owes creditors ~$700M by the end of April and plans to sell $1B to $1.5B in company debt to cover the bill  —  Messaging tool is selling more than $1 billion of debt to fund operations and repay existing creditors, as it races to attract ads  —  Telegram is riding high, adding tens of million of users this year.