Travelport files for IPO

Travelport files for IPO

Travelport Worldwide has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common shares.

The number of shares to be offered and the price range for the offering have not yet been determined. Travelport intends to use the net proceeds from an offering to reduce the Company’s outstanding indebtedness.

Morgan Stanley, UBS Investment Bank, Credit Suisse and Deutsche Bank Securities are acting as joint book-running managers for the offering.