Free press releases distribution network?

Agency / Source: Bombardier Recreational Products, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



BRP, Inc. Announces Closing of Over-allotment Option - BRP, Inc. announced that the underwriters have purchased an additional 1,830, 000 subordinate voting shares from the Company at a price of $21.50 per share pursuant to the exercise of their over-allotment option granted
BRP, Inc. Announces Closing of Over-allotment Option

 

PRZOOM - /newswire/ - Valcourt, Québec, Canada, 2013/06/27 - BRP, Inc. announced that the underwriters have purchased an additional 1,830, 000 subordinate voting shares from the Company at a price of $21.50 per share pursuant to the exercise of their over-allotment option granted. TSX: DOO

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Motorcycle/Bike/ATV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

BRP, Inc. ("BRP" or the "Company") announced today that the underwriters have purchased an additional 1,830, 000 subordinate voting shares from the Company at a price of $21.50 per share pursuant to the exercise of their over-allotment option granted in connection with the initial public offering of the Company which closed on May 29, 2013.

The gross proceeds to the Company from the over-allotment option total approximately $39,345, 000. The net proceeds from the over-allotment option will be used for working capital and general corporate purposes.

The offering was made through a syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets, UBS Securities Canada Inc. and 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.

About BRP
BRP (brp.com) is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am all-terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide. The subordinate voting shares of BRP are listed on the Toronto Stock Exchange under the symbol “DOO”.

Sea-Doo, Ski-Doo, Spyder, Lynx, Evinrude, Can-Am, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. (a subsidiary of the Company) or its affiliates.

Forward-Looking Statements
Certain statements in this press release, including statements relating to the use of proceeds of the offering, the closing date of the offering, the exercise of the over-allotment and the use of proceeds thereof constitute forward-looking statements. The words "scheduled","may","will","would","should","could","expects","plans","intends","trends","indications","anticipates","believes","estimates","predicts","likely" or "potential" or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking statements.

Forward-looking statements are based on estimates and assumptions made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that the Company believes are appropriate and reasonable in the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. In particular, the closing of the offering and use of proceeds thereof is subject to customary closing conditions and there can be no assurance that all such conditions will be satisfied. Many factors could cause the Company's actual results or affairs to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, the factors discussed in the "Risk Factors" section of the final base PREP prospectus available at sedar.com. These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities regulations.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Motorcycle/Bike/ATV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Bombardier Recreational Products, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Motorcycle/Bike/ATV articles,
CATCH Visitors via Your Competitors Announcements!


BRP, Inc. Announces Closing of Over-allotment Option

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
BRP |
Contact: Pierre Pichette - BRP.com 
450-532-5100 x5135
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Bombardier Recreational Products, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Motorcycle/Bike/ATV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Bombardier Recreational Products, Inc. / Company Profile


Read Motorcycle/Bike/ATV Most Recent Related Press Releases:

BRP Unveils Race-inspired Can-am Maverick X3 At Phoenix International Raceway
BRP’s Evinrude Network Welcomes New Dealers and OEMs
BRP Appoints Mediacom North American Media Agency of Record
BRP to Announce New Evinrude Line-up to Even More Dealers
BRP's Product Development Centre Inaugurated
Triumph Motorcycles Appoints Infor for Global Business Systems Transformation
BRP Inaugurates its Third Manufacturing Facility in Mexico
BRP Revolutionizes Snowmobiling Once Again with Debut of All New Rev Platform and 850 E-TEC Engine
Can-Am Unveils An Exclusive Race-inspired Spyder F3 Turbo Concept At Daytona International Speedway
BRP Harvests Record Design Awards in 2015

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  NAKIVO, Inc.

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today