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Aircraft and finance. Pegasus Airlines: around a third of the company for sale in mid-April

Istanbul, Turkey - The offer is mainly oriented towards foreign investors

According to rumours, in mid-April Pegasus Airlines will launch an initial public offering of around one third of the stock of shares of the Turkish carrier. The operation, which has Barclays and Is Yatirim as financial advisers, would help to increase its capital from 41.4 to 57 million dollars (from 75 to 102 million Turkish lira), leave the airline with a free float between 31.4% and 34.3%. A...

AVIONEWS - World Aeronautical Press Agency - 1151049
Rome, Italy, 03/29/2013 16:46
AVIONEWS - World Aeronautical Press Agency

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