StandardAero (SARO) announced that two of its stockholders, affiliates of The Carlyle Group Inc. (CG) and GIC Private Limited, intend to offer for sale in an underwritten secondary offering an aggregate of 30,000,000 shares of the company’s common stock, par value 1c per share. The Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the company. The Selling Stockholders expect to grant the underwriters a 30-day option to purchase up to an aggregate of 4,500,000 additional shares of Common Stock. J.P. Morgan, Morgan Stanley, and RBC Capital Markets are acting as joint lead book-running managers for the proposed offering. The offering will be made only by means of a prospectus.
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