Wizz Air set to announce London IPO on Thursday – source

May 21, 2014

LONDON, May 21 (Reuters) – Hungarian low-cost airline WizzAir is set to unveil plans for a London initial public offeringon Thursday, a source familiar with the matter said, revivingstock market listing plans for Central and Eastern Europe’slargest budget airline.

Barclays (LSE: BARC.Lnews) , Citigroup (NYSE: Cnews) and JP Morgan (Other OTC: JPYYLnews) would lead the listing of Wizz, the source said on Wednesday.The three banks were appointed last year but the listing neveroccurred.

(Reporting by Freya Berry; editing by Clare Hutchison)

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