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Tiger Airways launches S$272 million IPO

13 January 2010

Singapore-based Tiger Airways launches IPO at maximum offering price of S$1.65 per share.

Read more: Tiger Airways Singapore Exchange Securities Trading Citi Morgan Stanley DBS Bank Ryanasia Indigo Singapore Partners A320-200

Tiger Airways, has priced the shares of its S$272 million ($196 million) initial public offering on the Singapore Exchange Securities Trading today. The Singapore-based low-cost carrier is issuing a total of 165.15 million shares at a maximum offering price of S$1.65 a share. The offering is expected to close January 18.

 

Citi and Morgan Stanley are joint bookrunners and underwriters, with...


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