** Shares of Singapore-based ride-hailing and delivery firm Grab Holding GRAB.O down 2 cents at $4.96 after hours as it seeks capital raise

** Co announces $1.25 bln 5-yr convertible notes offering

** It says plans to use net proceeds for general purposes, and for strategic flexibility, which may include potential acquisitions

** Concurrently with offering, it plans to repurchase shares from certain purchasers of the notes in privately negotiated transactions

** Earlier on Mon, GRAB denied reports of talks for a potential deal with smaller Indonesian rival GoTo GOTO.JK

** GRAB shares on Mon ended down 3.7% at $4.98, trimming YTD gain to ~5.5%

** Co has roughly $20.4 bln market cap, per LSEG data

** 23 of 25 analysts rate GRAB "strong buy" or "buy", 2 rate "hold" and median PT is $5.67- LSEG

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))