secwatch.observer — SEC 8-K summary
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Issuer:     BRUNSWICK CORP (BC)
CIK:        0000014930
Form:       8-K
Filed at:   2022-03-31T23:59:59+00:00
Accession:  0001140361-22-012317
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brunswick amends credit agreement: revolver to $750M, maturity extended to 2027, SOFR transition
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- Revolving commitments increased to $750 million with an accordion feature permitting up to $100 million in additional commitments.
- Maturity date extended to March 31, 2027, with two optional one-year extensions available.
- U.S. dollar loans now indexed to term SOFR plus a 10-basis-point credit spread adjustment, replacing LIBOR.
- JPMorgan Chase remains administrative agent; BofA Securities and Wells Fargo Securities act as joint lead arrangers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14930/000114036122012317/0001140361-22-012317-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14930/000114036122012317/ny20003472x5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-012317

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