Brunswick to prepay term loans under 364-day facility via new notes

By Sarah Lizee

Olympia, Wash., Nov. 26 – Brunswick Corp. plans to prepay term loans under its $300 million 364-day facility using proceeds from a new offering of notes, according to a 424B5 filing with the Securities and Exchange Commission.

The company announced that it plans to price $25-par fixed-rate senior notes due Jan. 15, 2049.

Remaining proceeds will be used for general corporate purposes.

The Mettawa, Ill.-based company produces recreational and lifestyle products.

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