Travelport Worldwide Limited Announces Pricing of Its Initial Public Offering of Common Shares

LANGLEY, U.K., Sept. 24, 2014 /PRNewswire/ -- Travelport Worldwide Limited ("Travelport" or "the Company") today announced the pricing of its initial public offering (the "Offering") of 30,000,000 common shares at a price to the public of $16 per share. The shares will be listed on the New York Stock Exchange and will trade under the ticker symbol "TVPT" beginning on September 25, 2014.  Travelport has also granted the underwriters a 30-day option to purchase up to an additional 4,500,000 common shares.

Morgan Stanley, UBS Investment Bank, Credit Suisse and Deutsche Bank Securities are serving as joint book-running managers for the Offering. Cowen and Company, Evercore, Jefferies, Sandford C. Bernstein and William Blair are serving as co-managers for the Offering.

The offering of these securities is being made only by means of a prospectus, copies of which may be obtained from the offices of: Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department; UBS Securities LLC, 299 Park Avenue, New York, New York 10171, Attention: Prospectus Department, or by telephone at 1-877-827-7275 Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, or by telephone at 1-800-221-1037, or by email at [email protected]; or Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005, or by telephone at 1-800-503-4611, or by email at [email protected].  

A registration statement relating to the common shares has been filed with, and on September 24, 2014 was declared effective by, the Securities and Exchange Commission. This press release does not constitute an offer to sell, or the solicitation of an offer to buy the securities described above, nor shall there be any sale of securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Travelport

Travelport is a leading Travel Commerce Platform providing distribution, technology, payment and other solutions for the $7 trillion global travel and tourism industry.  With a presence in over 170 countries, approximately 3,400 employees and 2013 net revenue of $2.1 billion, Travelport is comprised of:

• A Travel Commerce Platform, through which it facilitates travel commerce by connecting the world's leading travel providers with online and offline travel buyers in our proprietary business to business ("B2B") travel marketplace. As travel industry demands evolve, Travelport is utilizing its Travel Commerce Platform to redefine the electronic distribution and merchandising of airline core and ancillary products, as well as extending its reach into the growing world of travel commerce beyond air, including to hotel, car rental and payments.
• Technology Services, through which it provides critical IT services to airlines, such as shopping, ticketing, departure control and other solutions.

Travelport is headquartered in Langley, UK.

Investor contact:
Majid Nazir 
Vice President, Investor Relations
Tel: +44 (0)1753 288 857
[email protected]

Media contact:
Kate Aldridge 
Vice President, Corporate Communications
Tel: +44 (0)1753 288 720
[email protected]

SOURCE Travelport Worldwide Limited