NEW YORK--(BUSINESS WIRE)--Despegar.com, Corp., led by CEO Damian Scokin, today announced the pricing of its initial public offering of 12,770,000 ordinary shares of the company at a public offering price of $26.00 per share, before underwriting discounts. The shares are expected to begin trading on the New York Stock Exchange on September 20, 2017, under the ticker symbol “DESP.” The offering is expected to close on September 22, 2017, subject to customary closing conditions. In addition, Despegar has granted the underwriters a 30-day option to purchase up to an additional 1,915,500 ordinary shares of the company at the initial public offering price, less the underwriting discount.

Morgan Stanley & Co. LLC and Citigroup Global Markets Inc. are acting as joint lead book-running managers. Itau BBA USA Securities, Inc. and UBS Securities LLC are acting as joint bookrunners. Cowen and Company LLC and KeyBanc Capital Markets Inc. are acting as co-managers.