Brunswick’s $115 Million Senior Notes Offering


Simpson Thacher represented the underwriters, led by Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC, in connection with an offering by Brunswick Corporation (NYSE: BC), of $115 million aggregate principal amount of 6.625% Senior Notes due 2049.

The notes were sold in a registered public offering, which closed on December 3, 2018. The underwriters have a 30-day option to purchase up to an additional $17.25 million aggregate principal amount of the notes.

Brunswick is a leading global designer, manufacturer and marketer of recreation products, including marine engines, boats, fitness equipment and active recreation products.

The Simpson Thacher team for the transaction included Art Robinson (Picture), John Ericson, John O’Connell and Lanna Lan (Corporate); Robert Holo and Sarah Duffy (Tax); Larry Moss and Pinto Adhola (Executive Compensation and Employee Benefits); Timothy Mulvihill (Environmental); Lori Lesser (Intellectual Property); and Jennie Getsin (FINRA and Blue Sky).

Involved fees earner: Pinto Adhola – Simpson Thacher & Bartlett; John Ericson – Simpson Thacher & Bartlett; Jennie Getsin – Simpson Thacher & Bartlett; Robert Holo – Simpson Thacher & Bartlett; Sarah Julian Duffy – Simpson Thacher & Bartlett; Lanna Lan – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Laurence Moss – Simpson Thacher & Bartlett; Timothy Mulvihill – Simpson Thacher & Bartlett; John O’Connell – Simpson Thacher & Bartlett; Arthur Robinson – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Merrill Lynch, Pierce, Fenner & Smith Incorporated; Morgan Stanley; Wells Fargo Securities;