$Grab Holdings (GRAB.US)$ ’s flotation “will provide a bigge...

$Grab Holdings(GRAB.US)$ ’s flotation “will provide a bigger cash buffer” to its “cash burn,” S&P Global Ratings said in a note. But the company’s “credit quality continues to be constrained by its loss-making operations, and free operating cash flows could be negative over the next 12 months.”Longer term, we’re really excited about Grab Financial Group,I think the bell curve on that is much wider in terms of what the outcome could be, but it could be extremely large.