** Shares of aerospace parts manufacturer Loar Holdings

fall as much as 3.8%; last down 1.7% at $86.21

** LOAR late Tuesday priced its upsized public offering of about 5.8 mln shares at $85/shr

** Co sold roughly 3.9 mln shares in the offering while certain stockholders parted ways with about 1.9 mln shares

** Offering boosted from initial size of roughly 4.8 mln shares, priced at a 3% discount to stock's last close

** LOAR will use the proceeds to repay debt and for general corporate purposes

** Co had 89.7 mln outstanding shares as of Sept. 30, according to a SEC filing, giving it a $7.73 bln market capitalization as of last close

** Jefferies and Morgan Stanley were the lead book runners for the offering

** LOAR went public in New York in April after raising $308 mln in its IPO at $28 offer price

** As of last close, LOAR shares have more than tripled since debut on April 25

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))