Who thought of this dumbest id

1
Comment
Favorite

Who thought of this dumbest idea to buy a dying go to for 7b?!

Grab Plans $1.25 Billion Convertible Bond for Acquisitions

Grab Holdings (GRAB) said Monday that it plans to offer $1.25 billion of convertible senior notes due 2030.The company said proceeds would be used among others for general corporate purposes, to optimize strategic flexibility, which may include potential acquisitions, and for repurchase of shares.

Grab Plans $1.25 Billion Convertible Bond for Acquisitions

# Convertible Senior Notes Offerings by Grab Holdings and Cracker Barrel

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":444662401004016,"tweetId":"444662401004016","gmtCreate":1749584551366,"gmtModify":1749592450713,"author":{"id":3561240334472185,"idStr":"3561240334472185","authorId":3561240334472185,"authorIdStr":"3561240334472185","name":"QiQi12","avatar":"https://community-static.tradeup.com/news/a2982a8fe738a162f2fe6ee80ff5c57e","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":1,"starInvestorFlag":false},"themes":[{"themeId":"184acb1e0fe97abfb8f4f54e38e5514e","categoryId":"2929bb7468f5415f853fd96fb35d7c3b","name":"Convertible Senior Notes Offerings by Grab Holdings and Cracker Barrel","type":2,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":184acb1e0fe97abfb8f4f54e38e5514e}&rnconfig={\"headerBarHidden\": true}","description":"Grab Holdings plans to offer $1.25 billion of convertible senior notes due 2030 for general corporate purposes and potential acquisitions. Cracker Barrel Old Country Store Inc. announces a proposed private offering of convertible senior notes due in 2030 with an aggregate principal amount of $275 million, with an option for an additional $41.25 million. The proceeds from both offerings will be used for various purposes including general corporate activities."}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Who thought of this dumbest idea to buy a dying go to for 7b?!</p></body></html>","htmlText":"<html><head></head><body><p>Who thought of this dumbest idea to buy a dying go to for 7b?!</p></body></html>","text":"Who thought of this dumbest idea to buy a dying go to for 7b?!","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/444662401004016","repostId":2542358961,"repostType":2,"repost":{"id":"2542358961","kind":"highlight","pubTimestamp":1749515562,"share":"https://ttm.financial/m/news/2542358961?lang=en_US&edition=fundamental","pubTime":"2025-06-10 08:32","market":"hk","language":"en","title":"Grab Plans $1.25 Billion Convertible Bond for Acquisitions","url":"https://stock-news.laohu8.com/highlight/detail?id=2542358961","media":"Bloomberg","summary":"Grab Holdings (GRAB) said Monday that it plans to offer $1.25 billion of convertible senior notes due 2030.The company said proceeds would be used among others for general corporate purposes, to optimize strategic flexibility, which may include potential acquisitions, and for repurchase of shares.","content":"<div>\n<p>Grab Holdings Ltd. is planning a $1.25 billion sale of bonds convertible into stock, partly to bulk up its warchest for acquisitions amid signs that talks to take over rival delivery-and-transport ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-06-10/grab-plans-1-25-billion-convertible-bond-sale-for-acquisitions?srnd=homepage-asia\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab Plans $1.25 Billion Convertible Bond for Acquisitions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab Plans $1.25 Billion Convertible Bond for Acquisitions\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-06-10 08:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-06-10/grab-plans-1-25-billion-convertible-bond-sale-for-acquisitions?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grab Holdings Ltd. is planning a $1.25 billion sale of bonds convertible into stock, partly to bulk up its warchest for acquisitions amid signs that talks to take over rival delivery-and-transport ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-06-10/grab-plans-1-25-billion-convertible-bond-sale-for-acquisitions?srnd=homepage-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","GRAB":"Grab Holdings","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","SG9999002406.SGD":"利安新加坡信托基金","BK4122":"互联网与直销零售","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","BK4022":"陆运","BK4230":"旅客陆运","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999013478.USD":"利安新加坡股息基金","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC"},"source_url":"https://www.bloomberg.com/news/articles/2025-06-10/grab-plans-1-25-billion-convertible-bond-sale-for-acquisitions?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2542358961","content_text":"Grab Holdings Ltd. is planning a $1.25 billion sale of bonds convertible into stock, partly to bulk up its warchest for acquisitions amid signs that talks to take over rival delivery-and-transport provider GoTo Group have stalled.Shares slumped 3% on the news.Singapore-based Grab, whose app is ubiquitous in Southeast Asia for ride hailing and food delivery, will issue convertible bonds that mature on June 15, 2030, it said in a statement Monday. The securities will carry a coupon of zero to 0.5% a year, payable semiannually, and the bonds will carry a conversion premium of about 35% to 40% to the stock’s closing price on Tuesday, according to terms of the deal seen by Bloomberg News.Grab joins the flurry of sales of bonds that can be swapped into stock by Asian companies this year. That’s particularly been the case with Chinese firms as issuers from Baidu Inc. to Ping An Insurance Group Co. of China announced sizeable deals in recent months.Aside from possible acquisitions, Grab said it plans some share buybacks — the company has $274 million remaining under its share-repurchase program as of the end of March. The bonds will be redeemable, under certain conditions, from mid 2028.As for the GoTo acquisition, Grab on Monday signaled that it was halting or at least pausing a planned $7 billion acquisition. The pair of ride-hailing and food-delivery companies have held on-and-off talks for years but a combination never materialized, partly because of antitrust concerns likely to arise from combining the two dominant players in Southeast Asia.Grab’s offering is the largest Asian convertible-bond deal denominated in US dollars since Ping An’s $3.5 billion deal in July 2024, and the biggest by a non-Chinese company since Korean chipmaker SK Hynix Inc.’s $1.7 billion issuance in 2023. Ping An last week also issued convertible bonds worth $1.5 billion, denominated in Hong Kong dollars.Morgan Stanley, HSBC Holdings Plc and JPMorgan Chase & Co. are joint global coordinators of the deal.","news_type":1,"symbols_score_info":{"GRAB":1}},"isVote":1,"tweetType":1,"viewCount":1070,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":49,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}