Amadeus IT Holdings is expected to release its initial public offering on the Spanish stock exchange on April 29.
With the primary share issue the plan is to raise €910m to repay debt followed by a second issue and sale of other shares to raise a total of €1.36bn from shares priced from €9.20 to €12.20.
President and chief executive David Jones said: “The IPO represents an important and exciting milestone for Amadeus and will enhance our ability to invest in the business and drive competitive advantage.
“Amadeus is a diverse, robust and resilient travel transaction processing and technology solutions business, and we are the clear global leader in our marketplace.
“We have a track record of delivering profitable growth and have a sound strategy to continue our development into the future.”
The company has also appointed four board directors;
– Guillermo de la Dehesa Romero, former Spanish finance secretary
– Dame Clara Furse, former chief executive of the London Stock Exchange
– Bernard Bourigeaud, economic expert
– David Webster, chairman of InterContinental Hotels Group
Rival Travelport pulled a £1.2bn IPO in February, but has said it may revive the plans when market conditions improve.