Frontier Airlines hires banks to plan stock debut

Frontier Airlines has hired Deutsche Bank, JPMorgan Chase and Evercore to manage an initial public offering, people familiar with the matter told The New York Times.

Frontier aims to raise $500 million with the IPO, valuing the company at $2 billion.

The airline founded in the 1990s previously operated at Branson Airport.

Read more from The New York Times.

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