Tiger Airways has taken a bold gamble and ignored the less-than-enthusiastic endorsement of its IPO from regional analysts to price it at the maximum S$1.65 ($1.19) per share (ATWOnline, Jan. 12). The potential S$246.8 million raised from the IPO that closes today will be used to pay down debt and finance new aircraft. The offering comprises 155.6 million new shares and an additional 9.6 million from investor Indigo Partners. The shares are expected to begin trading on Jan. 22. Tiger hopes ...

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