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BRIEF-BRP amends and increases term facility
October 10, 2017 / 11:02 PM / 2 months ago

BRIEF-BRP amends and increases term facility

Oct 10 (Reuters) - BRP Inc

* BRP amends and increases term facility

* Amendments include a repricing, reducing interest rate by 50 basis points to an interest rate of 250 basis points over libor​

* ‍Completed certain amendments to agreement governing its existing US dollar-denominated term facility​

* ‍Amendments also provide for a US$100 million increase of term facility for a total amount outstanding as of today of US$793 million​

* ‍Amendments include and a reduction of Libor floor to 0 basis points​ Source text for Eikon: Further company coverage:

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