The first thing StandardAero will do with the IPO proceeds is pay down its most expensive debt, which will free up a “significant amount” of cash, according to Chief Executive Officer Russell ...
StandardAero Inc., a provider of aerospace engine aftermarket services, set terms for its initial public offering on Monday, with plans to offer 46.5 million shares priced at $20 to $23 a pop.
Initiating coverage on StandardAero with a 'Hold' rating; attractive long-term outlook, but recommend waiting for a better entry point post-IPO exuberance. StandardAero's diversified end markets ...
However, despite these favorable market conditions, Kristine Liwag has chosen to rate StandardAero with a Hold, due to the stock’s significant appreciation of approximately 30% since its IPO. At this ...
StandardAero Inc.’s $1.7 billion offering marked the biggest debut over the eight-week stretch, with shares up more than 20% since the IPO. Shares of Partners Group Holding AG-backed KinderCare ...
The IPO market's "slow rebound" continued in the ... the most notable of them being jet engine maintenance company StandardAero. It raised over $1 billion in early October. Others chose to stay ...
In other recent news, StandardAero, Inc. has successfully completed its initial public offering (IPO). The company sold a total of 69 million shares at $24.00 per share. This comprised 53.25 ...
Investing.com -- StandardAero NYSE:SARO recently attracted attention from major brokerages following its IPO in October. Morgan Stanley initiated coverage with an “equal-weight” rating and a ...
Carlyle-backed StandardAero prices IPO above range to raise $1.44 billion October 2, 2024 Businesscategory Exclusive: Carlyle-backed StandardAero prices IPO above range to raise $1.44 billion ...
Ebullient markets and recent strong debuts by Carlyle-backed aircraft maintenance services provider StandardAero and Partners ... controlling shareholder post-IPO with a 90.8% stake.