BRP Inc 6-K, filed Feb 4, 2020
BRP Inc. (DOO)
About this 6-K
BRP Inc filed this 6-K on February 4, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR15D-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of February, 2020
Commission File Number: 001-38648
BRP INC.
(Translation ofregistrant’s name into English)
726 Saint-Joseph Street
Valcourt, Quebec, Canada
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
EXHIBIT INDEX
Exhibit 99.1 to this report of a Foreign Private Issuer on Form 6-K is deemed filed for all purposes under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended.
| Exhibit<br>No. | Description |
|---|---|
| 99.1 | Press release of BRP Inc., dated February 4, 2020 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| BRP Inc. | |
|---|---|
| By: | /s/ Paule Morisset |
| Name: | Paule Morisset |
| Title: | Assistant Secretary |
Date: February 4, 2020
EX-99.1
Exhibit 99.1

| PRESS RELEASE<br> <br>For<br>immediate distribution |
|---|
BRP AMENDS AND EXTENDS ITS TERM FACILITY
Valcourt, Québec, February 4, 2020 – BRP (TSX:DOO; NASDAQ:DOOO) announced today an amendment and extension of its existing U.S.$1,235.0 million term facility providing for the consolidation of the facility into a single tranche bearing interest at a rate of 200 basis points over LIBOR. This represents a reduction of 50 basis points for the portion of the term facility that had previously been outstanding under the U.S.$335 million tranche advanced in 2019, and the extension of the maturity of the term facility to May 2027.
About BRP
We are a global leader in the world of powersports vehicles, propulsion systems and boats built on over 75 years of ingenuity and intensive consumer focus. Our portfolio of industry-leading and distinctive products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am on- and off-road vehicles, Alumacraft, Manitou, Quintrex, Stacer and Savage boat, Evinrude and Rotax marine propulsion systems as well as Rotax engines for karts, motorcycles and recreational aircraft. We complete our lines of products with a dedicated parts, accessories and apparels to fully enhance the riding experience. With annual sales of CA$5.2 billion from over 120 countries, our global workforce is made up of more than 13,000 driven, resourceful people.
Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Evinrude, Manitou, Alumacraft, Quintrex, Stacer, Savage and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.
| For media enquiries: | For investor relations: |
|---|---|
| Elaine Arsenault | Philippe Deschênes |
| Senior Advisor, Media Relations | Manager Treasury and Investor Relations |
| Tel.: 514.238.3615 | Tel.: 450.532.6462 |
| medias@brp.com | philippe.deschenes@brp.com |