Simpson Thacher represented the underwriters, led by J.P. Morgan Securities LLC, BofA Securities, Inc. and Wells Fargo Securities, LLC, in connection with an offering by Brunswick Corporation (NYSE: BC) (“Brunswick”) of $750 million of Senior Notes, consisting of $450 million of 4.4% Senior Notes due 2032 and $300 million of 5.1% Senior Notes due 2052. The offering closed on March 29, 2022.
Brunswick designs, manufactures and markets recreational marine products, including leading marine propulsion products, parts and accessories and boat brands, and operates service and shared access businesses, including the world’s largest boat club.
The Simpson Thacher team for the transaction included John C. Ericson and Rachel Lerman (Capital Markets); Michael Mann and Scott Grundei (Tax); Pasco Struhs and Ryan Kenny (Executive Compensation and Employee Benefits); Genevieve Dorment and Kate Mirino (Intellectual Property); and Jennie Getsin (FINRA and Blue Sky).