StandardAero completed its initial public offering (IPO) on October 3, 2024. Net proceeds from the offer were around $1.2bn, according to a stock filing. The proceeds will be used to redeem all $475.5 million of senior unsecured PIK toggle notes due 2027, which were issued by Dynasty Acquisition on April 4, 2019. It also partially repaid the loans incurred under the credit agreement on that date. In addition, the proceeds will be used to partially repay the 2024 term B-1 loan facility by $523.7 million and the 2024 term loan B-2 facility by $201.9 million. The remaining outstanding loans under

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