---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-013951"
form_type: "8-K"
ticker: "BC"
cik: "0000014930"
company_name: "BRUNSWICK CORP"
filed_at: "2024-03-18T23:59:59+00:00"
generated_at: "2026-06-04T15:00:46.310344+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Brunswick issues $400M of 5.850% Senior Notes due 2029; net proceeds ~$397M

## Summary
- Aggregate principal $400M at 5.850% per year, maturing March 18, 2029.
- Net proceeds approx. $396.9M after underwriting commissions.
- Proceeds for general corporate purposes, including repayment of 0.85% Senior Notes due 2024.
- Notes redeemable at make-whole prior to Feb 18, 2029, thereafter at par.
- Change of control put at 101% of principal plus accrued interest.

## SEC filing metadata
- accession: 0001140361-24-013951
- form_type: 8-K
- ticker: BC
- cik: 0000014930
- company_name: BRUNSWICK CORP
- filed_at: 2024-03-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14930/000114036124013951/0001140361-24-013951-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14930/000114036124013951/ny20024037x4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-013951
- JSON: https://secwatch.observer/filing/0001140361-24-013951.json
- Plain text: https://secwatch.observer/filing/0001140361-24-013951.txt

## Key facts
- Debt Financings
  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
  source text: $400,000,000 aggregate principal amount of the Notes were sold in a public offering
  evidence_url: https://www.sec.gov/Archives/edgar/data/14930/000114036124013951/0001140361-24-013951-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/14930/000114036124013951/0001140361-24-013951-index.htm

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