Frontier Airlines planning for an IPO

The low cost carrier has hired Deutsche Bank AG, Evercore and JPMorgan Chase & Co to manage its IPO.

The New York Times has reported citing sources familiar with the matter at hand that Denver based, Frontier Airlines, a budget carrier, is preparing for an initial public offering and has hired banks for the same.

Sources have revealed that Frontier Airlines has hired Deutsche Bank AG, Evercore and JPMorgan Chase & Co to manage its debut.

Valued at nearly $2 billion, Frontier Airlines is planning to raise $500 million from the primary market, reported NYT citing sources.

Frontiers Airlines is owned by Indigo Partners, a private equity firm.

When asked to respond to requests for comments, neither Evercore, Deutsche Bank, nor JPMorgan Chase were immediately available for comment outside U.S. business hours.

Advertisements


Categories: Creativity, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy

Tags: , , , , , , , , ,

2 replies

  1. Hi,I log on to your blogs named “Frontier Airlines planning for an IPO” like every week.Your story-telling style is witty, keep up the good work! And you can look our website about تحميل اغانى.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: