Brunswick amends credit agreement to $500M revolver due 2026 with improved terms

BRUNSWICK CORP

Revolving commitments increased to $500M with additional $100M accordion feature.
Maturity extended to July 16, 2026, with two one-year extension options.
Applicable interest rate margin top end reduced from 1.90% to 1.70% per annum.
Net cash offset for leverage ratio calculation raised from $150M to $350M.
Leverage ratio cap increased to 4.00x for 12 months following a Qualified Acquisition.

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