Brunswick to price dollar-denominated notes in two parts

By Rebecca Melvin

Concord, N.H., March 22 – Brunswick Corp. plans to sell dollar-denominated senior notes in two tranches, according to a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call. There is also a change-of-control put at 101 plus accrued interest.

J.P. Morgan Securities LLC, BofA Securities, Inc. and Wells Fargo Securities LLC are the bookrunners.

U.S. Bank Trust Co., NA is the trustee.

Counsel to the issuer is provided by Cravath, Swaine & Moore LLP and to the underwriters by Simpson Thacher & Bartlett LLP.

Proceeds will be used for general corporate purposes.

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

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