Vietjet's $170m IPO is Vietnam's biggest, first globally marketed offer

Vietjet’s $170-million IPO, which attracted large buyers like BNP Paribas, Deutsche Bank and JP Morgan, is Vietnam’s biggest and first internationally marketed initial public offering, according to Milbank, Tweed and Hadley & McCloy LLP, the placement agent for the transaction.

The low-cost airline sold 44.78 million shares to both international and local institutional investors for approximately $170 million, in a deal that closed in late 2016.

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