StandardAero Prices Upsized Secondary Offering; Shares Fall

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StandardAero Prices Upsized Secondary Offering; Shares Fall

, MT Newswires - 10:57 AM ET 3/26/2025 default

10:57 AM EDT, 03/26/2025 (MT Newswires) -- StandardAero ( SARO ) shares fell more than 3% in recent Wednesday trading following the company's pricing of an upsized secondary offering of 36 million shares at $28 per share.

The company said late Tuesday that the offering is being made by affiliates of Carlyle Group ( CG ) and GIC Private Ltd., who will receive all proceeds. StandardAero ( SARO ) is not selling any shares.

Underwriters have been granted a 30-day option to buy up to 5.4 million additional shares, the company said.

The offering is set to close on Thursday.

Price: 28.39, Change: -0.93, Percent Change: -3.17

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