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(Bloomberg) — Spanish firm HBX Group International Plc and its owners are looking to raise as much as €750 million ($782 million) through an initial public offering, earmarking more than €200 million for bonus payments.
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The travel technology company is offering as many as 69 million shares at a price range of €10.50 to €12.50 apiece to raise €725 million in new equity, according to a prospectus published Thursday.
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Backers Canada Pension Plan Investment Board, Cinven and EQT are offering a further 2 million shares. The shareholders could also roughly raise an additional €112 million via an overallotment option, according to a term sheet seen by Bloomberg.
The IPO could give the…
