Travelport has started an initial public offering of 30 million of its common shares.
The IPO will be priced at $14-$16 per share, valuing the company at $1.9 billion.
The company hopes to raise $480 million to repay debt and other liabilities.
The company has applied to list its common shares on the New York Stock Exchange under the symbol ‘TVPT’.
Travelport had planned to list in London in 2010 but aborted its plans blaming poor market conditions.
Blackstone and Technology Crossover Ventures (TCV) bought the company for $4.3 billion from conglomerate Cendant in 2006.
According to Reuters, Blackstone’s stake will fall from 9.5% to 7.2% after the IPO.
