United Kingdom

BRP amends and increases term facility

Tuesday, 10 Oct 2017 

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​. 

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