secwatch / observer
8-K filed March 18, 2024, 7:59 PM ET ticker BC CIK 0000014930
debt confidence high sentiment neutral materiality 0.55

BRUNSWICK CORP (BC): debt financing — Brunswick issues $400M of 5.850% Senior Notes due 2029; net proceeds ~$397M

BRUNSWICK CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

BRUNSWICK CORP incurred senior notes of $400,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee at 5.850% per year maturing March 18, 2029.

Instrument
senior notes
Principal
$400,000,000 aggregate principal amount
Counterparty
U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee
Rate
5.850% per year
Maturity
March 18, 2029
Event
incurrence
Exact text from the filing
$400,000,000 aggregate principal amount of the Notes were sold in a public offering
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BRUNSWICK CORP entered into Sixth Supplemental Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $400,000,000 aggregate principal amount (effective 2024-03-18).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association, as trustee
Value
$400,000,000 aggregate principal amount
Effective
2024-03-18
Exact text from the filing
On March 18, 2024, Brunswick Corporation (the “Company”) and U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee (the “Trustee”), entered into a Sixth Supplemental Indenture, dated as of March 18, 2024 (the “Sixth Supplemental Indenture”) to the Indenture, dated as of October 3, 2018 (the “Base Indenture”), relating to the Company’s 5.850% Senior Notes due 2029 (the “Notes”). $400,000,000 aggregate principal amount of the Notes were sold in a public offering pursuant to the Company’s Registration Statement on Form S-3 (No. 333-258249) (the “Registration Statement”), filed with the Securities and Exchange Commission, which resulted in aggregate net proceeds to the Company of approximately $396,916,000, after deducting underwriting commissions but before deducting estimated expenses.
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

BRUNSWICK CORP filing history →

Source: SEC EDGAR
accession 0001140361-24-013951
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