Brunswick amends $1 billion revolver, extends maturity to 2029, doubles commercial paper program
Brunswick entered into an amended and restated revolving credit agreement with JPMorgan Chase Bank as administrative agent, raising revolving commitments to $1 billion with capacity for up to $100 million more. The company also doubled its unsecured commercial paper program to $1 billion, and the filing states the proceeds are expected for general corporate purposes, giving shareholders a clearer view of expanded borrowing capacity.
Key points
- Revolving commitments increased to $1,000,000,000, with capacity to add up to $100,000,000 more
- Maturity extended to October 11, 2029, with up to two one-year extensions available
- Commercial paper program increased from $500,000,000 to $1,000,000,000 outstanding at any time
- Agreement dated October 11, 2024; JPMorgan Chase Bank, N.A. is administrative agent
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 11, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.