New route: At US$19 a share, Frontier will have a market value of about US$4bil based on the outstanding shares listed in its filings. — AP
NEW YORK: Frontier Group Holdings Inc, which operates budget carrier Frontier Airlines, priced its US initial public offering (IPO) at the bottom of a marketed range, according to sources.
The company’s shares sold for US$19 (RM79) apiece, according to sources.
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