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Wizz Air set to announce London IPO on Thursday - source

Reuters - UK Focus

LONDON, May 21 (Reuters) - Hungarian low-cost airline Wizz Air is set to unveil plans for a London initial public offering on Thursday, a source familiar with the matter said, reviving stock market listing plans for Central and Eastern Europe's largest budget airline.

Barclays (LSE: BARC.L - news) , Citigroup (NYSE: C - news) and JP Morgan (Other OTC: JPYYL - news) would lead the listing of Wizz, the source said on Wednesday. The three banks were appointed last year but the listing never occurred.

(Reporting by Freya Berry; editing by Clare Hutchison)