Bombardier Recreational Products, Inc. http://www.alacrastore.com/company-snapshot/Bombardier_Recreational_Products_Inc-1067331 Tuesday, October 14, 2008 9:30:02 AM 1067331 Bombardier Recreational Products, Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/spcred/658953spcred/658953normThe latest Full Report from S&Pglobal7/10/2008 3:30:54 PM400Full Report658953CanadaLeisure ProductsCanadaGlobal IssuersCorporationsMedia & EntertainmentFull ReportCredit ratios solid for rating Quality manufacturing, resulting in good brand equity and leading market shares Geographically diversified Parts and accessories business is a source of stable, high-margin revenue Revenue decline in certain key segments Cyclical demand with volatility related to the economy, weather, and shifting consumer preferences Potential margin volatility due to changes in demand and currency movements Aggressive financial policy Strong competitive pressures from well-established Japanese and U.S. manufacturers The ratings on Valcourt, Que.-based Bombardier Recreational Products Inc. (BRP) reflect the volatile demand for the company's primary products, highly seasonal operating profits, and intense competition. These factors are partially offset by the company's solid market position, brand equity, and well-established dealer network. BRP manufactures motorized recreational products including:CAN09776L09776M25202010 252020 2520 25Bombardier Recreational Products375451CAN293168Z@CNFULLGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/658954spcred/658954normThe latest Summary from S&Pglobal7/10/2008 3:30:54 PM175Summary658954CanadaLeisure ProductsCanadaGlobal IssuersCorporationsMedia & EntertainmentSummaryThe ratings on Valcourt, Que.-based Bombardier Recreational Products Inc. (BRP) reflect the volatile demand for the company's primary products, highly seasonal operating profits, and intense competition. These factors are partially offset by the company's solid market position, brand equity, and well-established dealer network. BRP manufactures motorized recreational products including: snowmobiles under the Ski-Doo and Lynx brand names, watercraft and sport boats under the Sea-Doo name, power sport engines under the Rotax name, all-terrain vehicles (ATV) and roadsters under the Can-Am name, and outboard engines under the Evinrude and Johnson names. BRP's revenues are geographically diversified, with key markets in the U.S., Canada, and Europe. The recreational products industry is highly competitive and demand is cyclical. BRP competes with well-established U.S.-CAN09776L09776M25202010 252020 2520 25Bombardier Recreational Products375451CAN293168Z@CNSUMMARYGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/COP_806913757moodys/COP_806913757htmlCredit Opinion1/4/2008 2:20:44 AMGlobal Credit Research Credit Opinion ## NOV #### Credit Opinion: Bombardier Rec Products, Inc. Bombardier Rec Products, Inc. Quebec, Canada Ratings Category Moody's Rating Outlook Negative Corporate Family Rating -Dom Curr B# Sr Sec...Bombardier Rec Products, Inc.806913757150.0000NewshtmlBombardier Rec Products, Inc.COP_806913757Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_144331_806913757moodys/PR_144331_806913757htmlRating Action11/17/2007 12:21:43 AMGlobal Credit Research Rating Action ## NOV #### Rating Action: Bombardier Rec Products, Inc. Moody's withdraws BRP's ratings on postponed offering New York, November ##, #### -- Moody's Investors Service withdrew its proposed ratings...Bombardier Rec Products, Inc.806913757150.0000NewshtmlBombardier Rec Products, Inc.PR_144331_806913757Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/609178spcred/609178normThe latest Full Report from S&P10/23/2007 6:34:32 PMFull Report400global609178CanadaLeisure ProductsCanadaGlobal IssuersCorporationsMedia & EntertainmentFull ReportQuality manufacturing, resulting in good brand equity and leading market shares Geographically diversified Parts and accessories business is a source of stable, high-margin revenue Aggressive financial policy Cyclical demand with volatility related to the economy, weather, and shifting consumer preferences Potential margin volatility due to changes in demand and currency movements Strong competitive pressures from well-established Japanese and U.S. manufacturers The ratings on Valcourt, Que.-based Bombardier Recreational Products Inc. (BRP) reflect the volatile demand for the company's primary products, highly seasonal operating profits, and intense competition. These factors are partially offset by the company's solid market position, brand equity, and well-established dealer network. BRP manufactures motorized recreational products including: snowmobiles under the Ski-Doo and Lynx brand names, watercraft and sportCAN09776L09776M25202010 252020 2520 25Bombardier Recreational Products375451CAN293168Z@CNFULLGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/609181spcred/609181normThe latest Summary from S&P10/23/2007 6:34:32 PMSummary175global609181CanadaLeisure ProductsCanadaGlobal IssuersCorporationsMedia & EntertainmentSummaryThe ratings on Valcourt, Que.-based Bombardier Recreational Products Inc. (BRP) reflect the volatile demand for the company's primary products, highly seasonal operating profits, and intense competition. These factors are partially offset by the company's solid market position, brand equity, and well-established dealer network. BRP manufactures motorized recreational products including: snowmobiles under the Ski-Doo and Lynx brand names, watercraft and sport boats under the Sea-Doo name, power sport engines under the Rotax name, all-terrain vehicles (ATV) under the Can-Am name, and outboard engines under the Evinrude and Johnson names. BRP's revenues are geographically diversified, with key markets in the U.S., Canada, and Europe. The recreational products industry is highly competitive and demand is cyclical. BRP competes with well-established U.S.- and Japan-basedCAN09776L09776M25202010 252020 2520 25Bombardier Recreational Products375451CAN293168Z@CNSUMMARYGLOBISSCORPMediaCredit & Investment ResearchS&P Credit Research