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<\/a><\/a>\nMoody\u2019s upgraded StandardAero\u2019s corporate family rating (CFR) to Ba2 from Ba3 and probability of default rating to Ba2-PD from Ba3-PD. Concurrently, it upgraded the Company\u2019s senior secured first lien term loan B1 and senior secured revolving credit facility to Ba2 from Ba3. Moody\u2019s also upgraded StandardAero Limited's senior secured first lien term loan B2 to Ba2 from Ba3.<\/p>
\n\u201cMoody\u2019s upgrades underscore the strength of our market position and the durability of demand across our global MRO ecosystem,\u201d said Dan Satterfield, Chief Financial Officer for StandardAero. \u201cWith tight industry capacity, strong customer demand and our differentiated platform portfolio, we are well positioned to capitalize on long-term growth opportunities while continuing to enhance margins and generate strong cash flow.\u201d<\/p>
\nStandardAero <\/b>is a leading independent pure-play provider of aerospace engine aftermarket services for fixed- and rotary-wing aircraft, serving the commercial, military and business aviation end markets. StandardAero provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. StandardAero is an NYSE listed company under the ticker symbol SARO. For more information about StandardAero, go to www.standardaero.com<\/a>.<\/p> \nMedia Contact:\n