Brp announces the repricing of its term loan b-2

Valcourt, qc , oct. 4, 2023 /prnewswire/ - brp inc. (tsx: doo) (nasdaq: dooo) announced today that it successfully repriced its us$ 496 million term loan b-2 tranche due december 2029, effectively reducing the average interest rate of its term facility. pursuant to this repricing, the applicable margin on the term loan b-2 tranche was reduced by 75 basis points, from a rate of term sofr plus 3.50% to a rate of term sofr plus 2.75%.
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