IPO for Low-Cost Airline Frontier Group (ULCC) Opens Modestly Lower
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Frontier Airlines Prices IPO at the Low End of Range to Raise $570 Million, Valued at $4 Billion
April 1, 2021 6:23 AM EDTFrontier Group Holdings Inc., the parent company of the budget carrier Frontier Airlines, priced its shares at $19 apiece to raise $570 million in its IPO.
This way, the company sold shares at the low end of a marketed range ($19 - $21). Both the company and existing shareholders offered 15 million shares... More
Frontier Group Holdings Inc. (ULCC) Prices 30M Share IPO at $19/Sh
April 1, 2021 5:54 AM EDTFrontier Group Holdings, Inc. (NASDAQ: ULCC) today announced the pricing of its initial public offering of 30 million shares of its common stock at a price to the public of $19.00 per share. The offering consists of 15 million shares of common stock offered by Frontier and 15 million... More
