Singapore's Tiger Airways has filed for an initial public offering (IPO) to help it fund new aircraft purchases and repay loans.According to a preliminary prospectus filed with the Monetary Authority of Singapore, the airline plans to divest part of a 24% stake held by investment firm Indigo Singapore partners.
The prospectus does not say how much the low-cost carrier plans to raise. The offering price will be determined next year, it says without elaborating.
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Singapore Air-Backed Tiger Air Files for Share Sale - Bloomberg.com
Singapore Air, Temasek not selling shares in Tiger IPO - Interactive Investor
Tiger Airways Plans To List On Singapore Exchange - Bernama.com
Tiger Airways seeks public listing in Singapore - smh.com.au
Singapore Airlines, Temasek not selling shares in Tiger IPO - Business Times (Malaysia)
Tiger Airways seeks public listing in Singapore - The Age
