Brunswick Corp. (BC) said Wednesday that it has launched a cash tender offer to purchase up to $75 million aggregate principal amount of its outstanding 11.75% senior notes due 2013.
As of July 4, 2013 notes in an aggregate principal amount of $250 million were outstanding.
The tender offer is scheduled to expire on Sept. 30, unless Brunswick chooses to extend or terminate the tender offer. The "early participation deadline" is 5 p.m. EDT on Sept. 16.
This tender offer is not conditioned on any minimum amount of 2013 notes being tendered.
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