Brunswick Corporation

10/11/2024 | Press release | Distributed by Public on 10/11/2024 14:08

Material Event Form 8 K

Item 1.01.Entry into a Material Definitive Agreement
On October 11, 2024 (the "Closing Date"), Brunswick Corporation, a Delaware corporation (the "Company"), entered into an Amended and Restated Credit Agreement (the "Revolving Credit Agreement") with certain wholly-owned subsidiaries of the Company as subsidiary borrowers and lenders as parties, and JPMorgan Chase Bank, N.A. ("JPMorgan"), as administrative agent. The Revolving Credit Agreement amends and restates the Company's existing credit agreement, dated as of March 21, 2011, as amended and restated as of June 26, 2014, as further amended and restated as of June 30, 2016, as further amended as of July 13, 2018, as further amended and restated as of September 26, 2018, as further amended as of November 12, 2019, as further amended and restated as of July 16, 2021, and as further amended and restated March 31, 2022 (the "Prior Credit Agreement"). The Revolving Credit Agreement increases the revolving commitments to $1,000,000,000, with the capacity to add up to $100,000,000 of additional revolving commitments, and amends the Prior Credit Agreement in certain respects, including, among other things, to extend the maturity date to October 11, 2029, with up to two one-year extensions available.
The foregoing description of the Revolving Credit Agreement is not complete and is qualified in its entirety by reference to the Revolving Credit Agreement, which is filed as Exhibit 10.1 to this Form 8-K and is incorporated herein by reference.