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BRP to Raise CN$262.3 Million with Initial Public Offering

Bombardier Recreational Products announced an initial public offering price of CN$21.50 per share when the company goes public. At that price ($20.83 in U.S. dollars) for 12,200,000 shares, the IPO would generate proceeds of CN$262.4 million (US$254.8 million) for BRP, the company behind Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Evinrude & Johnson outboard engines, and Can-Am‘s ATVs, side-by-sides and Spyder three-wheeled roadsters.

Santa on a Can-Am Spyder

Everyone knows that the market for three and four wheeled motorcycles is fueled by aging motorcycle enthusiasts not wanting to let go of that feeling of being in the wind. Similarly, some voyagers in their aging years are opting to travel on the ground instead of taking to the skies. Santa is no different.

2015 Can-Am Spyder F3 Revealed

Bombardier Recreational Products has revealed the F3, the newest member to its three-wheeled Can-Am Spyder roadster family. Sporting a more muscular stance and the all-new UFit customizable footpeg and handlebar system, the F3 joins the returning Spyder RT, ST and RS in the 2015 product lineup. Duke’s Den – That’s Not A Motorcycle!