LONDON, April 3 Swiss travel firm Bravofly Rumbo
Group has its books fully covered for its inital public offering
on the Swiss stock market, a source familiar with the matter
said on Thursday.
The price range for the share offering is between 40 and 52
Swiss francs per share. The group expects to make its debut on
The source said Bravofly was seeking to raise $340 million
and the listing could value the company at $700-800 million.
The Chiasso-based company operates websites Bravofly, Rumbo,
Volagratis and Jetcost.
The company did not immediately respond to a request to
Earlier on Thursday, Spanish travel firm eDreams Odigeo
IPO-ODIG.MC priced shares its market debut at 10.25 euros each
giving the company an initial market value of about $1.5
(Reporting by Freya Berry. Editing by Alex Smith and Jane