StandardAero
Assembly Line
StandardAero Announces Launch of Initial Public Offering
StandardAero, Inc. announced that it has launched its proposed initial public offering of its common stock. The proposed offering consists of 46,500,000 shares of common stock. The price range for the initial public offering is currently estimated to be between $20.00 and $23.00 per share. Certain affiliates of The Carlyle Group Inc. and GIC Private Limited intend to grant the underwriters a 30-day option to purchase up to an aggregate of 6,975,000 additional shares of common stock from them at the initial public offering price, less underwriting discounts and commissions. StandardAero has applied to list its common stock on The New York Stock Exchange under the symbol “SARO”.