** Shares of aircraft maintenance services firm StandardAero SARO.N down 0.7% before the bell to $28.18 after secondary offering priced

** Scottsdale, Arizona-based firm co late Weds announced 30 mln shares offloaded by PE firm Carlyle CG.O and Singapore's sovereign wealth fund GIC at $28

** Offering priced at 1.3% discount to last sale

** Carlyle sold ~24.5 mln shares taking its stake from 54% to 46.7%, and GIC shed ~5.5 mln shares for ~10.6% ownership, per the SEC prospectus filing

** SARO has ~334.5 mln shares outstanding as of Apr 30, giving co $9.5 bln market cap

** JP Morgan, Morgan Stanley, RBC, BofA, UBS and Jefferies jt lead bookrunners for offering

** Carlyle and GIC last reduced their combined stakes in Mar secondary offering of 36 mln shares, also priced at $28

** Through Wed close, stock up ~15% YTD

** SARO went public in Oct IPO priced at $24

** Of 7 analysts covering SARO, 5 rate "strong buy" or "buy", 2 rate "hold" and the median PT is $33.50, according to latest LSEG data

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))