StandardAero, Inc. (SARO) IPO Pricing Announcement

StandardAero, Inc. (SARO) has priced its initial public offering (IPO) of 60,000,000 shares of common stock at $24.00 per share. This includes:
– 53,250,000 shares issued and sold by StandardAero
– 6,750,000 shares sold by existing stockholders.

The offering was upsized from the previously announced 46,500,000 shares. Trading on the New York Stock Exchange under the symbol “SARO” is expected to begin on October 2, 2024, with the offering closing on October 3, 2024, subject to customary closing conditions.

Additionally, selling stockholders have granted underwriters a 30-day option to purchase up to 9,000,000 additional shares, increased from the prior option of 6,975,000 shares.

Underwriters

• Lead Book-Running Managers: J.P. Morgan, Morgan Stanley, BofA Securities, UBS Investment Bank, Jefferies, RBC Capital Markets.
• Joint Book-Running Managers: Carlyle, CIBC Capital Markets, HSBC Securities (USA) Inc., Mizuho Securities USA LLC, Societe Generale, Wolfe | Nomura Alliance.
• Co-Managers: Citizens JMP Securities, LLC, Macquarie Capital, Santander, AmeriVet Securities, Inc., Drexel Hamilton, LLC.

A registration statement on Form S-1 for these securities was declared effective by the SEC on October 1, 2024. The offering will be made only by means of a prospectus, which will be available through:
– J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, email: [email protected], [email protected]
– Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale in any state or jurisdiction where the offer or sale is unlawful prior to registration or qualification under the applicable securities laws.