Wizz Air LSE IPO

4/2/2015
IPO

£ 601 million

Completed

4/2/2015


Overview:

  • Wizz Air Holdings has undertaken an IPO on the LSE.
  • The budget European air carrier has announced an IPO of 23,360,008 ordinary shares on the main market and is hoping to raise €150 million.
  • The deal gives the carrier a market cap of £601 million.
  • The carrier has 350 routes and flys to 106 destinations.
  • The announcement marks the second time the airline has tried to launch a London IPO following a failed attempt in June 2014 with the company pulling out of the deal and blaming a volatile share price.

Sam Duke - Editor

Jurisdiction:

United Kingdom

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sector:

Aviation


Firms:

Party: JPMorgan Chase (Underwriter)

Party: Citigroup (Underwriter)

Party: Barclays (Underwriter)

Party: Nomura (Underwriter)

Lawyer: Simon Witty


Party: Wizz Air Holding (Issuer)