Avolon Holdings (AVOL) IPO Prices at $20, Below Expected Range

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Avolon Holdings (AVOL) IPO Opens Modestly Lower

December 12, 2014 9:36 AM EST

Today's IPO for Avolon Holdings Limited (NYSE: AVOL) opened for trading at $19.25 after pricing 13,636,363 common shares at a public offering price of $20 per share, below the expected $21-$23 range.

All of the common shares are being offered by the selling shareholders. The selling... More