
GrubHub Holdings Inc, founded in 2004 and headquartered in Chicago, Illinois, is a leading online food ordering and delivery platform that connects diners with local restaurants. The company’s primary services include food delivery, takeout, and catering across the United States, catering to both consumers and businesses.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
GRUB 5.50% 2027-07-01 USDGrubHub Holdings Inc | United States | 2027-07-01 | 5.500 | 5.82 |
GRUB 5.50% 2027-07-01 USDGrubHub Holdings Inc | United States | 2027-07-01 | 5.500 | 6.96 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
GrubHub has been actively engaged in corporate bond issuances since 2019, with notable issuances including a $500 million senior unsecured note offering aimed at refinancing existing debt and funding growth initiatives. As of October 2023, the company's bond yields are competitive within the industry, reflecting a solid credit rating. Additionally, GrubHub has a noteworthy liquidity position, enabling it to navigate evolving market conditions while maintaining attractive yield spreads for its bonds. Recent strategic partnerships have further bolstered investor confidence, positioning GrubHub favorably in the food delivery sector amidst an industry shift towards digital platforms.