Bank of Montreal Agents BRP Facility Upsize to $1.3B

BRP refinanced its existing credit facilities, increasing the term loan to $900 million and the revolving credit facility to C$575 million ($446.8 million). Bank of Montreal was administrative agent.

BMO, Royal Bank of Canada Arrange BRP Refi

Bombardier Recreational Products, a subsidiary of BRP, refinanced its existing credit facilities. Royal Bank of Canada and BMO Capital Markets acted as joint lead arrangers.