Core Points - Brunswick Corporation announced a tender offer to purchase up to $100,000,000 of its 5.100% Senior Notes due 2052 [1] - The total consideration for validly tendered notes includes a fixed spread over the yield of a reference U.S. Treasury Security and an early tender premium of $50.00 per $1,000 [2][3] - The offer will expire on December 11, 2025, unless extended or terminated earlier [1] Offer Details - The tender offer is for an aggregate principal amount of up to $100,000,000 of 5.100% Senior Notes, with a total outstanding amount of $300,000,000 [1] - The reference U.S. Treasury Security is due August 15, 2055, with a yield of 4.685% [1] - The fixed spread for the notes is 175 basis points [1] Eligibility and Conditions - Only holders who validly tendered their notes by the Early Tender Deadline of November 25, 2025, are eligible for the total consideration [2][3] - Withdrawal rights for the notes expired at the Early Tender Deadline [4] Management and Contact Information - Wells Fargo Securities, LLC is the dealer manager for the offer, and D.F. King & Co., Inc. is the depositary and information agent [5] - Investors can contact Wells Fargo Securities for inquiries regarding the offer [5]

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].

Core Viewpoint - Brunswick Corporation has initiated a tender offer to purchase up to $50 million of its 5.100% Senior Notes due 2052, indicating a strategic move to manage its debt obligations and optimize its capital structure [1][2]. Offer Details - The tender offer will expire at 5:00 p.m. Eastern Time on December 11, 2025, unless extended or terminated earlier by the company [2]. - Tenders can be withdrawn until 5:00 p.m. Eastern Time on November 25, 2025, unless extended [2]. - The total consideration for validly tendered notes will be determined based on a fixed spread over the yield of a specified U.S. Treasury Security, including an early tender premium of $50 per $1,000 principal amount [3][6]. Payment and Settlement - Payments for purchased notes will include accrued and unpaid interest, with the expected early settlement date being December 1, 2025, for notes tendered by the early tender deadline [5][7]. - The settlement date for notes tendered after the early tender deadline is expected to be December 15, 2025 [7]. Tender Conditions - Tenders must be in principal amounts of at least $2,000 and in multiples of $1,000 [4]. - The company reserves the right to adjust the tender cap, which may affect the total amount of notes purchased [10]. - The offer is not subject to a minimum tender condition, but may be subject to proration if the total tendered amount exceeds the tender cap [11][9]. Company Overview - Brunswick Corporation is a leader in marine recreation, offering a wide range of products and services across various brands, including Mercury Marine and Sea Ray [18]. - The company operates globally with approximately 15,000 employees and has been recognized for its workplace culture and innovation [19].