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Brunswick updates cash-tender offer

Brunswick Corp. says in regard to its previously announced tender offer and consent solicitation for its outstanding 5 percent notes due 2011, it has received tenders and consents from holders of approximately $149.4 million aggregate principal amount of the notes.

That represents more than 99.5 percent of the outstanding 2011 notes.

Brunswick has accepted and paid for the tendered notes using proceeds from its recently completed offering of $350 million aggregate principal amount of 11.25 percent senior secured notes due 2016.

Holders who have not yet tendered their notes may tender until midnight Sept. 4.

Click here for the full release.

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