Item 1.01. Entry into a Material Definitive Agreement.

On July 16, 2021 (the "Closing Date"), Brunswick Corporation, a Delaware corporation (the "Company") entered into an Amended and Restated Credit Agreement (the "Revolving Credit Agreement") with certain wholly-owned subsidiaries of the Company as subsidiary borrowers and lenders as parties, and JPMorgan Chase Bank, N.A. ("JPMorgan"), as administrative agent. The Revolving Credit Agreement amends and restates the Company's existing credit agreement, dated as of March 21, 2011, as amended and restated as of June 26, 2014, as further amended and restated as of June 30, 2016, as further amended as of July 13, 2018, as further amended and restated as of September 26, 2018, and as further amended as of November 12, 2019 (the "Prior Credit Agreement"). The Revolving Credit Agreement increases the revolving commitments to $500,000,000, with the capacity to add up to $100,000,000 of additional revolving commitments, and amends the Prior Credit Agreement in certain respects, including, among other things:

? Extending the maturity date to July 16, 2026, with up to two one-year

extensions available.

? Modifying the applicable interest rate margin range such that the highest

applicable interest rate margin is reduced from 1.90% per annum to 1.70% per

annum.

? Increasing the net cash offset for purposes of determining the leverage ratio

from $150,000,000 to $350,000,000.

? Modifying the leverage ratio maintenance covenant to allow for a 12-month

increase of the maximum leverage ratio to 4.00 to 1.00 following the

consummation of a Qualified Acquisition (as such term is defined in the

Revolving Credit Agreement).

? Including "hardwired" LIBOR transition provisions substantially consistent with

those published by the Alternative Reference Rates Committee.

The foregoing description of the Revolving Credit Agreement is not complete and is qualified in its entirety by reference to the Revolving Credit Agreement, which is filed as Exhibit 10.1 to this Form 8-K and is incorporated herein by reference.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an


           Off-Balance Sheet Arrangement of a Registrant.



The information set forth in Item 1.01 with respect to the Revolving Credit Agreement is hereby incorporated by reference into this Item 2.03 insofar as it relates to the creation of a direct financial obligation of the Company.

Item 9.01 Financial Statements and Exhibits.

(d) The following exhibits are filed as part of this report:





Exhibit No.      Description

  10.1             Amended and Restated Credit Agreement, dated as of March 21, 2011,
                 as amended and restated as of June 26, 2014, as further amended and
                 restated as of June 30, 2016, as further amended as of July 13,
                 2018, as further amended and restated as of September 26, 2018, as
                 further amended as of November 12, 2019, and as further amended and
                 restated as of July 16, 2021, among Brunswick Corporation, the
                 subsidiary borrowers party thereto, the lenders party thereto and
                 JPMorgan Chase Bank, N.A., as administrative agent.


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