Indonesia's Lion Air to launch IPO roadshow from Jan 27

Indonesia's Lion Air to launch IPO roadshow from Jan 27

FILE PHOTO: A Lion Air Boeing 737 MAX 8 jet on the tarmac of Soekarno Hatta International airport near Jakarta, Indonesia, March 15, 2019. REUTERS/Willy Kurniawan/File Photo

Indonesian carrier Lion Air will next week launch a pre-deal investor education roadshow for its initial public offer, which sources have previously estimated at up to $1 billion, according to a termsheet from one of the banks involved.