HANOI: Vietnam’s VietJet Air has mandated BNP, Deutsche Bank and VietCapital to manage its IPO of up to $300 million, reported IFR, a Thomson Reuters publication.
It was not clear if the shares would be listed on a local exchange or an overseas one, IFR cited a source close to the privately-owned low cost carrier as saying. The final size of the IPO has also not been decided.
In an interview with Reuters this month, the MD of VietJet, which ordered $9 billion of Airbus jets in 2014, said the company is on track for an IPO this year but was assessing whether to list shares in Vietnam or overseas.
