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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.

Can-Am Spyder RT-5 Highlight Video

In September, Fonzie brought us a report on the 2010 Spyder RT direct from the Can-Am beehive in Valcourt, Quebec, Canada. With more carrying capacity than ANY motorcycle on the market — even some automobiles —- Can-Am sent touring guru and friend-of-MO, Fred Rau, on a tour of Canada and the United States to promote the new 5-speed luxury touring roadster. For those of you not following Fred’s blog @ SpyderFred.com, here’s a little taste of the scenes and opinions he encountered on his great many miles.

Santa on a Can-Am Spyder

Everyone knows that the market for three and four wheeled motorcycles is fueled by aging motorcycle enthusiasts not wanting to let go of that feeling of being in the wind. Similarly, some voyagers in their aging years are opting to travel on the ground instead of taking to the skies. Santa is no different.