tiprankstipranks
Trending News
More News >

Grab Announces $1.25 Billion Convertible Notes Offering

Story Highlights
Grab Announces $1.25 Billion Convertible Notes Offering

Confident Investing Starts Here:

Grab ( (GRAB) ) has issued an announcement.

On June 9, 2025, Grab Holdings Limited announced a proposed offering of $1.25 billion in convertible senior notes due 2030. The proceeds are intended for general corporate purposes, strategic flexibility, and share repurchases. The notes, which are senior and unsecured, will mature in 2030 and can be converted into Class A Ordinary Shares or cash. This financial move is expected to impact Grab’s market operations and flexibility, potentially affecting the market price of its shares and notes.

The most recent analyst rating on (GRAB) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Grab stock, see the GRAB Stock Forecast page.

Spark’s Take on GRAB Stock

According to Spark, TipRanks’ AI Analyst, GRAB is a Neutral.

Grab’s stock is positioned well for growth, with strong financial performance improvements and a positive earnings call outlook. Technical analysis supports continued upward momentum. However, the extremely high P/E ratio raises concerns about potential overvaluation, which tempers the overall score.

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

More about Grab

Grab is a leading superapp in Southeast Asia, providing services across deliveries, mobility, and digital financial sectors. Operating in over 800 cities across eight Southeast Asian countries, Grab offers a range of services including food and grocery delivery, ride-hailing, digital payments, and financial services such as digital banking. Founded in 2012, Grab aims to create economic empowerment while maintaining a positive social and environmental impact.

Average Trading Volume: 33,808,923

Technical Sentiment Signal: Buy

Current Market Cap: $21.07B

For a thorough assessment of GRAB stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1