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BRP to go Public with IPO

Bombardier Recreational Products has filed a preliminary prospectus with the necessary securities regulatory bodies in Canada for a proposed initial public offering of subordinate voting shares. Should things go according to plan, non-controlling shares of the company will be available on the Toronto Stock Exchange. The Financial Post reports BRP hopes to raise CN$250 million (US$243 million).

2015 Can-Am Spyder F3 Revealed

Bombardier Recreational Products has revealed the F3, the newest member to its three-wheeled Can-Am Spyder roadster family. Sporting a more muscular stance and the all-new UFit customizable footpeg and handlebar system, the F3 joins the returning Spyder RT, ST and RS in the 2015 product lineup. Duke’s Den – That’s Not A Motorcycle!

BRP to Raise CN$262.3 Million with Initial Public Offering

Bombardier Recreational Products announced an initial public offering price of CN$21.50 per share when the company goes public. At that price ($20.83 in U.S. dollars) for 12,200,000 shares, the IPO would generate proceeds of CN$262.4 million (US$254.8 million) for BRP, the company behind Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Evinrude & Johnson outboard engines, and Can-Am‘s ATVs, side-by-sides and Spyder three-wheeled roadsters.