Brunswick Corp. (BC) said Wednesday that it plans to offer $150 million aggregate principal amount of senior notes due 2021 in a private offering to qualified institutional buyers.
Brunswick said it plans to use the net proceeds from the offering, together with cash on hand, to fund the redemption of all of Brunswick's $250 million aggregate principal amount of 11.250% Senior Secured Notes due 2016.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.