VietJet IPO set to raise $170 million

Eleanor Steed
By Eleanor Steed December 14, 2016 17:20

VietJet IPO set to raise $170 million

VietJet is seeking to raise $170 million in an initial public offering (IPO) when it sells 44.7 million shares, which priced just below the middle of their 75,900 to 98,400 dong ($3.34 to $4.33) marketed range, reports Reuters.

BNP Paribas, Deutsche Bank, JP Morgan and VietCapital are the IPO’s joint global coordinators. VietJet shares will be listed on the Ho Chi Minh Stock Exchange on Feb. 23.

Eleanor Steed
By Eleanor Steed December 14, 2016 17:20