Core Viewpoint - AAR CORP. has initiated an underwritten public offering of 3,000,000 shares of its common stock, with an option for underwriters to purchase an additional 450,000 shares [1][2]. Group 1: Offering Details - The net proceeds from the offering will be used to repay outstanding borrowings under its unsecured revolving credit facility and for general corporate purposes, potentially including funding future acquisitions [2]. - Goldman Sachs & Co. LLC, Jefferies, and RBC Capital Markets, LLC are serving as joint book-running managers for the offering [2]. - The offering is made under a shelf registration statement on Form S-3, which was filed with the SEC and became effective on July 19, 2023 [2]. Group 2: Company Overview - AAR is a global aerospace and defense aftermarket solutions company, operating in over 20 countries and supporting commercial and government customers through four segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services [4].