According to a recent company report, BRP, Bombardier Recreational Products is trying raise between 40 and 80 million dollars in capital in order to reduce it's overall debt.
Funding would come from shareholders and other institutional investors and sources.
BRP is also seeking an amendment...
Due to the current global economic slowdown, BRP has announced they plan to cut production volumes in the coming year by approximately 20 percent as well cut expenses and make organizational changes.
Link to full article below...
http://www.boating-industry.com/output.cfm?id=1911223
-Chris
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