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Week of Expected Pricing 4/1/2021
Company Name FRONTIER GROUP HOLDINGS INC
Proposed Ticker ULCC
CUSIP 35909R108
Business Description An ultra low-cost carrier whose business strategy is focused on Low Fares Done RightŪ. We offer flights throughout the United States and to select near international destinations in the Americas. Our unique strategy is underpinned by our low-cost structure and superior low-fare brand. As of December 31, 2020, we had a fleet of 104 narrow body Airbus A320 family aircraft, and a commitment to purchase 156 A320neo (New Engine Option) family aircraft by the end of 2028. During the years ended December 31, 2019 and 2020, we served approximately 23 million and 11 million passengers, respectively,across a network of approximately 110 airports.
Lead Underwriter Barclays Capital Inc, Citigroup Global Markets Inc, Deutsche Bank Securities Inc., Evercore Group L.L.C, Morgan Stanley & Co. LLC
Co-Managers BofA Securities, Inc, Cowen and Company, LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Nomura Securities International, Inc., Raymond James and Associates, Inc., UBS Investment Bank
Initial Shares 3,00,00,000
Revised Initial Shares N/A
Initial Price $18.00-$21.00
Revised Price N/A
Final Price $19.00
Final Ticker ULCC

 

 

   
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