---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-21-000775"
form_type: "8-K"
ticker: "BC"
cik: "0000014930"
company_name: "BRUNSWICK CORP"
filed_at: "2021-07-19T23:59:59+00:00"
generated_at: "2026-06-30T04:27:28.764467+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950157-21-000775
- form_type: 8-K
- ticker: BC
- cik: 0000014930
- company_name: BRUNSWICK CORP
- filed_at: 2021-07-19T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14930/000095015721000775/0000950157-21-000775-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14930/000095015721000775/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-21-000775
- JSON: https://secwatch.observer/filing/0000950157-21-000775.json
- Plain text: https://secwatch.observer/filing/0000950157-21-000775.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.