
StandardAero Announces Secondary Offering of 50,000,000 Shares of Common Stock by Affiliates of The Carlyle Group Inc. and GIC | SARO Stock News

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StandardAero, Inc. announced a secondary offering of 50,000,000 shares of common stock by affiliates of The Carlyle Group Inc. and GIC. The Selling Stockholders will receive all proceeds, while StandardAero will not benefit financially from the sale. Additionally, the company plans to repurchase $50 million of its common stock in a private transaction. The offering is subject to market conditions and the completion of the Share Repurchase is contingent on customary closing conditions. Morgan Stanley, J.P. Morgan, and RBC Capital Markets are the lead managers for the offering.
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