secwatch.observer — SEC 8-K summary
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Issuer:     BRUNSWICK CORP (BC)
CIK:        0000014930
Form:       8-K
Filed at:   2025-11-26T23:59:59+00:00
Accession:  0000950157-25-000973
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brunswick increases tender cap to $100M for 5.100% 2052 notes; ~90% proration applies
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- Tender cap raised from $50M to $100M for $300M outstanding 5.100% Senior Notes due 2052.
- As of Nov 25 early deadline, $111M in notes tendered; proration rate ~90.2%.
- Total Consideration set at $831.59 per $1,000 principal, incl. $50 early tender premium.
- Settlement expected Dec 1, 2025; no tenders accepted after early deadline.
- Reference yield 4.685% on 4.750% UST due Aug 2055; fixed spread 175 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14930/000095015725000973/0000950157-25-000973-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14930/000095015725000973/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-25-000973

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