Vietnam’s Bamboo Air plans Q3 US IPO to raise $200m
Vietnam’s Bamboo Airways is planning to offer a 5%-7% stake in a third-quarter U.S. initial public offering to raise about $200m, giving the airline a market capitalization of as much as $4b, chairman Trinh Van Quyet said by phone. The plans come after the carrier said it had planned a listing on a Vietnam exchange by Q3. The Vietnam listing is now considered a backup plan and will depend on market conditions, Quyet said.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-04-15/unaligned/vietnam2019s-bamboo-air-plans-q3-us-ipo-to-raise-200m
https://portal.staralliance.com/cms/logo.png
Vietnam’s Bamboo Air plans Q3 US IPO to raise $200m
Vietnam’s Bamboo Airways is planning to offer a 5%-7% stake in a third-quarter U.S. initial public offering to raise about $200m, giving the airline a market capitalization of as much as $4b, chairman Trinh Van Quyet said by phone. The plans come after the carrier said it had planned a listing on a Vietnam exchange by Q3. The Vietnam listing is now considered a backup plan and will depend on market conditions, Quyet said.<br/>
