Brp and its principal shareholder announce bought deal secondary offering

Valcourt, quebec, april 15, 2024 (globe newswire) -- brp inc. (tsx:doo; nasdaq:dooo) (“brp” or the “company”) announced today that bain capital integral investors ii, l.p. (“bain” or the “selling shareholder”), and the company have entered into an agreement with bmo capital markets to complete a secondary offering on a bought deal basis (the "offering"). under the agreement, bmo capital markets has agreed to purchase 1,500,000 subordinate voting shares of the company (the "subordinate voting shares") at a price to the public of c$92.90 per subordinate voting share.
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