Avolon Confirms IPO Pricing

Irish leasing company Avolon has announced the pricing of its initial public offering (IPO), which will be placed between $21 and $23 per share.

Irish leasing company Avolon has announced the pricing of its initial public offering (IPO), which will be placed between $21 and $23 per share.

First mooted in June, the lessor is releasing 13,636,363 shares to the public.

In addition, the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 2,045,455 shares.

Avolon will list its shares on the New York Stock Exchange under the symbol “AVOL”.

JP Morgan Securities, Morgan Stanley & Co and Citigroup Global Markets are acting as lead joint book-running managers for the offering. 

TAGS: Europe
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