Brunswick Corporation Announces Early Results and Increase of Cash Tender Offer of Outstanding 5.100% Senior Notes due 2052

Core Viewpoint - Brunswick Corporation has announced an increase in the maximum aggregate principal amount for its tender offer to purchase its 5.100% Senior Notes due 2052 from $50 million to $100 million, reflecting strong interest in the offer [1]. Offer Details - The tender offer is for an aggregate principal amount of $300 million of 5.100% Senior Notes, with a Tender Cap now set at $100 million [2]. - The early tender premium is set at $50.00 per $1,000 principal amount of the Notes accepted for purchase [4]. - The total consideration for the Notes will be determined based on a fixed spread of 175 basis points over the yield of a reference U.S. Treasury Security [2][4]. Tender Results - As of the early tender deadline on November 25, 2025, $111,327,000 of the Notes had been validly tendered [3]. - Due to the total amount tendered exceeding the Tender Cap, the company will accept only a portion of the validly tendered Notes, applying a proration rate of approximately 90.2% [6]. - The settlement date for the accepted Notes is expected to be December 1, 2025 [6]. Additional Information - Wells Fargo Securities, LLC is serving as the dealer manager for the offer, while D.F. King & Co., Inc. is the depositary and information agent [8]. - The offer will expire at 5:00 p.m. Eastern Time on December 11, 2025, unless extended [2].