Volaris (VLRS) Announces Offering of ADSs

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Volaris Announces Offering of ADSs

December 7, 2020 4:15 PM EST

MEXICO CITY, Dec. 7, 2020 /PRNewswire/ -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ("Volaris" or the "Company") (NYSE: VLRS and BMV: VOLAR), an ultra-low-cost airline based in Mexico, announced today the launch of a primary follow-on equity offering in which the Company is offering 120,000,000 of its Ordinary Participation Certificates (Certificados de Participación Ordinarios), or CPOs, in the form of American Depositary Shares, or ADSs, in the United States and other countries outside of Mexico, pursuant to the Company's shelf registration statement filed with the... More