Frontier Airlines gives more details around stock offering nownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nownews.com Daily Mail and Mail on Sunday newspapers.
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Minneapolis-based Sun Country Airlines has chosen now, during the airline industry’s worst-ever crisis, to go public. The carrier filed its intent to offer shares with the U.S. Securities and Exchange Commission (SEC) on February 8, hoping to raise at least $100 million.
The airline offered few details on its plans, with the number of shares and their price to be determined. Barclays, Morgan Stanley, and Deutsche Bank, together with Sun Country’s current owner, Apollo Global Management, are underwriting the offering.
US airports bracing for big drop in passenger revenue - Houston Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.