Brunswick announces redemption of senior notes due 2048 and partial redemption of 2049 notes

Brunswick Corporation (NYSE:BC) announced Friday it will redeem all outstanding 6.500% Senior Notes due 2048 and partially redeem its 6.375% Senior Notes due 2049. The company issued a notice of full redemption for the 2048 Notes, with a total principal amount of $185 million, and a partial redemption notice for the 2049 Notes, totaling $15 million in principal amount. This debt management move comes as the $4.4 billion market cap company maintains a solid financial position with an Altman Z-Score of 3.79, indicating strong financial health according to InvestingPro data.

Both redemptions are scheduled to occur on December 1, 2025. The redemption price for the 2048 Notes will be $25.207639 per $25.00 principal amount, which represents 100% of the principal plus accrued interest up to, but not including, the redemption date. For the 2049 Notes, the redemption price will be $25.203646 per $25.00 principal amount, also representing 100% of the principal plus accrued interest.

After the redemption, no 2048 Notes will remain outstanding, while $215 million aggregate principal amount of the 2049 Notes will continue to be outstanding. The total aggregate redemption price for all notes being redeemed is $201.7 million.

This information is based on a statement provided in a press release and detailed in Brunswick Corporation’s filing with the Securities and Exchange Commission.

In other recent news, Brunswick Corporation reported impressive financial results for the third quarter of 2025, surpassing Wall Street’s expectations. The company posted an earnings per share (EPS) of $0.97, which exceeded the forecasted $0.86, reflecting a 12.79% surprise increase. Additionally, Brunswick’s revenue reached $1.36 billion, outperforming the anticipated $1.26 billion. These results indicate a strong quarter for Brunswick, as it managed to exceed both earnings and revenue estimates. Despite this positive performance, the company’s stock experienced fluctuations in trading sessions. While the stock surged by 10.55% in pre-market trading, it later declined by 1.74% in subsequent sessions. These recent developments highlight Brunswick’s ability to deliver strong financial results amidst market dynamics.

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