Irish leasing firm Avolon falls 5 pct on New York debut
Dec 12 (Reuters) - Irish aircraft leasing firm Avolon fell 5 percent on its debut on the New York stock exchange despite pricing the shares below its expected range of $21-23.
Avolon, the world's ninth-largest aircraft leasing firm by assets, priced its shares at $20 per share on Thursday after falls in rivals shares in recent days, valuing the company at $1.6 billion.
The shares were down 4.5 percent at $19.05 at 1450 GMT compared to a fall of 0.4 on the S&P 500.
(Reporting by Conor Humphries; editing by David Clarke)
Terms and Privacy Policy