April 17 (Reuters) -
Loar Holdings is aiming for a valuation of up to $2.28
billion in its initial public offering in the United States, the
aerospace parts manufacturer said in a filing on Wednesday.
Loar said it was targeting to raise up to $286 million by
offering 11 million shares at a price range of $24 and $26
apiece.
The New York-based company joins the list of new
entrants looking to take advantage of the buoyant capital
markets that is rebounding after a two-year dry spell.
Loar will list its shares on the New York Stock Exchange
under the symbol "LOAR".
Jefferies, Morgan Stanley and Citigroup are among the
underwriters for the offering.