Brunswick Corp.
| Company Deal | Brunswick Corporation: 1961 offering of $25,634,400 4 1/2% convertible subordinated debentures |
|---|---|
| Transaction Type | Convertible Subordinated Debentures |
| Deal Description | Brunswick Corporation added the net proceeds from this transaction to its general funds, available for any corporate purposes. At the time of the deal, no specific allocations for the proceeds were made, but it was expected that the additional funds would be used primarily for the carrying of increased accounts receivable and inventories and also for foreign investments. |