Tag Archives: Power Products – Global Marine & Mobile

Brunswick debt offering will refinance Power Products loans

Brunswick Corp. recently announced the pricing of its offering of $115 million aggregate principal amount of 6.625 percent senior unsecured notes due 2049 under an effective shelf registration statement previously filed with the Securities and Exchange Commission. Consistent with its capital strategy, Brunswick expects to use the proceeds from the offering to refinance a portion of the short-term bank loans ...

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Brunswick completes $910 million acquisition of Power Products’ Global Marine & Mobile business

Brunswick Corp. has completed its acquisition of Power Products – Global Marine & Mobile business, which includes the global marine, specialty vehicle, mobile, industrial power, and transportation aftermarket products businesses of Power Products, for $910 million in cash from San Francisco-based private equity firm Genstar Capital. As previously announced, Genstar will retain Power Products’ Electrical Construction & Maintenance business, now ...

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