- BRP Inc (TSX:DOO:CA) announced that Bain Capital Integral Investors II, L.P and the company have entered into an agreement with BMO Capital Markets to complete a secondary offering on a bought deal basis.
- Under the agreement, BMO Capital Markets has agreed to purchase 1.5M subordinate voting shares of the Company at a price to the public of C$92.90 per subordinate voting share.
- In connection with the offering, the company will file a preliminary prospectus supplement to its short form base shelf prospectus dated February 23, 2023.
- Source: Press Release