Air Astana Finalizes London Listing, Suggests $847M Market Cap

Air Astana Sets Pricing for Global Depositary Receipts at $9.5 Each

BAE Systems-backed Air Astana has announced that the pricing for its global depositary receipts (GDRs) has been set at $9.5 each and 1,073.83 Kazakhstan tenge ($2.38) per share, suggesting a market capitalization of approximately $847 million. This comes as the central Asian airline prepares for its public offering on the London Stock Exchange.