GDS Holdings Launches $450 Million Convertible Notes Offering

GDS Holdings ( (GDS) ) has issued an announcement.

On May 27, 2025, GDS Holdings Limited announced a proposed offering of US$450 million in convertible senior notes due 2032, aimed at addressing working capital needs and refinancing existing debt. This move is part of a broader financial strategy that includes a public offering of American Depositary Shares (ADSs) and a Delta Placement of Borrowed ADSs, all interdependent on each other’s completion. These initiatives are expected to impact the market price of GDS’s ADSs and notes, reflecting the company’s efforts to optimize its capital structure and enhance its financial flexibility.

The most recent analyst rating on (GDS) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on GDS Holdings stock, see the GDS Stock Forecast page.

Spark’s Take on GDS Stock

According to Spark, TipRanks’ AI Analyst, GDS is a Outperform.

The overall score reflects strong technical indicators and positive earnings call sentiment, highlighting robust growth and strategic positioning. Financial performance shows improvement but is weighed down by high debt and negative free cash flow. Valuation concerns due to a negative P/E ratio also impact the score.

To see Spark’s full report on GDS stock, click here.

More about GDS Holdings

GDS Holdings Limited is a prominent developer and operator of high-performance data centers in China. The company strategically positions its facilities in key economic hubs, catering to the concentrated demand for data center services. GDS is known for its large-scale, high-capacity, and efficient data centers, which are carrier and cloud-neutral, allowing access to major telecommunications networks and public clouds. The company provides co-location and managed hybrid cloud services, serving a diverse customer base including hyperscale cloud service providers, internet companies, financial institutions, and telecommunications carriers.

Average Trading Volume: 3,006,452

Technical Sentiment Signal: Buy

Current Market Cap: $5.46B

Learn more about GDS stock on TipRanks’ Stock Analysis page.