Juneyao Airlines prices IPO

Dino D'Amore
By Dino D'Amore May 19, 2015 14:01

Juneyao Airlines prices IPO

Juneyao Airlines initial public offering (IPO) has priced at 11.18 yuan per share. The subscription investor roadshow started this week. The carrier is offering 68 million new shares on the Shanghai Stock Exchange. Some 70% will be sold offline, with the remainder being sold online. Juneyao expects to raise 760 million yuan via the IPO to pay for seven A320 and two aircraft engines.

Dino D'Amore
By Dino D'Amore May 19, 2015 14:01