Brunswick to redeem all 11¼% senior notes due 2016 on June 12

By Marisa Wong

Madison, Wis., May 13 - Brunswick Corp. said it will redeem its $250 million of outstanding 11¼% senior secured notes due 2016 in full on June 12.

The company previously announced that it would use proceeds from a $150 million offering of new 4 5/8% notes and cash on hand to fund the redemption.

Brunswick is a Lake Forest, Ill.-based maker of recreation products.

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