StandardAero SARO priced 60 million shares at $24 a share for proceeds of $1.44 billion with underwriters Goldman Sachs, KKR, Jefferies, Morgan Stanley, UBS, BofA Securities, Guggenheim Securities and Leerink Partners.

StandardAero, a U.S. aircraft maintenance services provider, priced its U.S. initial public offering above its indicated range to raise $1.44 billion, people familiar with the matter said on Tuesday.

Up to $155.3 million of the proceeds will go to Carlyle and Singapore's sovereign wealth fund GIC — the current investors who are selling some shares in the IPO. Reuters had reported in April that Carlyle was weighing options for StandardAero,

Carlyle-backed aviation services provider StandardAero is targeting a valuation of up to $7.69 billion in an upsized initial public offering, underscoring the strong investor appetite for profitable companies with scale.

StandardAero Inc. and some of the aircraft maintenance services provider’s investors raised $1.44 billion in an initial public offering, as companies seize the listings window before the US presidential election.

StandardAero, a U.S. aircraft maintenance services provider, priced its U.S. initial public offering above its indicated range to raise $1.44 billion, the company said on Tuesday. Scottsdale, Arizona-based StandardAero,

Independent pure-play provider of aerospace engine aftermarket services company - StandardAero (NYSE:SARO) priced its initial public offering of 60M shares at a public offering price of $24.00 per share.