Virgin Australia launches $442.8 million IPO, term sheet shows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 04 2025
0mins
Source: Reuters
Virgin Australia's IPO Plans: Virgin Australia, owned by Bain Capital, is planning a A$685 million initial public offering (IPO) to sell about 30% of the airline at A$2.90 per share, valuing the company at A$2.32 billion.
Market Context and Competition: The IPO is significant for the Australian market, with Virgin focusing on domestic travel and holding a 34.4% market share, trailing behind Qantas at 37.5%. The shares are expected to start trading on June 24 after institutional bookbuilding closes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
