Travelport Shareholders To Sell 10.6 Mln Shares In Secondary Offering

Shareholders of Travelport Worldwide Ltd. are planning to sell 10.6 million common shares in a secondary offering with Credit Suisse serving as the sole underwriter for deal, the company said. Travelport floated 30 million shares in its initial public offering in September 2014 through which it raised $480 million. Travelport is a travel-services platform that acts as the middleman between tour operators and travelers. Shares slid 0.1% in after-hours trading.