Valcourt, Québec - BRP Inc. ("BRP" or the
"Company") filed yesterday an amended and restated preliminary
prospectus with the securities regulatory authorities in each of the provinces
and territories of Canada
in connection with a proposed initial public offering of its subordinate voting
shares. A copy of the amended and restated preliminary prospectus will be
available on SEDAR (www.sedar.com).
The offering is being made through a syndicate of
underwriters led by BMO Capital Markets, RBC Capital Markets, UBS Securities
Canada Inc., Citigroup Global Markets Canada Inc., acting as joint bookrunners,
and including Wells Fargo Securities LLC, CIBC World Markets Inc., Desjardins
Securities Inc., Scotia Capital Inc., National Bank Financial Inc. and Robert
W. Baird & Co. Incorporated.
No securities regulatory authority has either approved or
disapproved of the contents of this press release. This press release does not
constitute an offer to sell or a solicitation of an offer to buy any securities
of the Company in any jurisdiction in which such offer, solicitation or sale
would be unlawful. These securities have not been and will not be registered
under the United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any U.S. state securities laws and may not be offered
or sold in the United States except in compliance with the registration
requirements of the U.S. Securities Act and applicable U.S. state securities
laws or pursuant to an exemption therefrom.