Trainline narrows IPO range

Trains FA 230
By Sam Kerr
19 Jun 2019

A revised range has been set for the IPO of Trainline, the UK transport booking website, and the deal has enough interest form investors to be priced throughout the new level.

JP MorganMorgan Stanley and KKR Capital Markets are global co-ordinators, Barclays and Numis Securities are bookrunners on the IPO.

At the top of the new range of 340p-355p a share Trainline’s IPO will be worth around £672m at base deal size and around £773m should the greenshoe be ...

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