|
Index
Debt Ratings
(S&P/Moody’s)
|
Eurocurrency
Spread
|
Facility
Fee
Rate
|
Letter
of
Credit
Rate
|
|
|
Category
1
|
≥
A / A2
|
0.67% | 0.08% | 0.67% |
|
Category
2
|
≥
A- / A3
|
0.90% | 0.10% | 0.90% |
|
Category
3
|
≥
BBB+ / Baa1
|
1.125% | 0.125% | 1.125% |
|
Category
4
|
≥
BBB / Baa2
|
1.35% | 0.15% | 1.35% |
|
Category
5
|
≥
BBB- / Baa3
|
1.55% | 0.20% | 1.55% |
|
Category
6
|
≥
BB+ / Ba1
|
1.95% | 0.30% | 1.95% |
|
Category
7
|
<
BB+ / Ba1
|
2.35% | 0.40% |
2.35%
|
|
"Cash Equivalents"
means:
|
||
|
(a)
|
direct
obligations of, or obligations the principal of and interest on which are
unconditionally guaranteed by,
|
|
|
the
United States of America (or by any agency thereof to the extent such
obligations are backed by the full faith and credit of the
United
States of America), in each case maturing within 24 months from the date
of acquisition thereof;
|
||
|
(b)
|
investments
in commercial paper maturing within 270 days from the date of acquisition
thereof and having,
|
|
|
at
such date of acquisition, the highest credit rating obtainable from
S&P or from Moody’s;
|
||
|
(c)
|
investments
in certificates of deposit, banker’s acceptances, time deposits and
eurodollar time deposits maturing within
|
|
|
13
months from the date of acquisition thereof issued or guaranteed by or
placed with, and money market deposit accounts issued or offered
by,
any
domestic office of any commercial bank which has consolidated assets as
determined in accordance with GAAP of not less than
$10,000,000,000;
|
||
|
(d)
|
fully
collateralized repurchase agreements with a term of not more than 30 days
for securities described in clause (a)
|
|
|
above
and entered into with a financial institution satisfying the criteria
described in clause (c) above; and
|
||
|
(e)
|
money
market funds that (i) comply with the criteria set forth in
Securities and Exchange Commission Rule 2a-7
|
|
|
under
the Investment Company Act of 1940, (ii) except with respect to the
BlackRock Liquidity Funds TempCash Institutional Fund (TMCXX),
are
rated AA- or higher by S&P and Aa3 or higher by Moody’s and
(iii) have portfolio assets of at least
$1,000,000,000.
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||
|
Fiscal
Quarter
Ending on or nearest to
|
Total
Leverage
Ratio
|
|
September
30, 2008
|
3.00
to 1
|
|
December
31, 2008
|
3.00
to 1
|
|
March
31, 2009
|
3.25
to 1
|
|
June
30, 2009
|
3.25
to 1
|
|
September
30, 2009 and thereafter
|
3.00
to 1"
|
|
|
COMPANY
|
| BRUNSWICK CORPORATION | |||
|
Date: August 8, 2008
|
By:
|
/s/ WILLIAM L. METZGER | |
| Name: William L. Metzger | |||
| Title: Vice President and Treasurer | |||
|
|
LENDERS
|
| JPMORGAN CHASE BANK, N.A. | |||
|
Date: August 8, 2008
|
By:
|
/s/ TONY YUNG | |
| Name: Tony Yung | |||
| Title: Vice President | |||
| THE ROYAL BANK OF SCOTLAND PLC | |||
|
Date: August 8, 2008
|
By:
|
/s/ WILLIAM MCGINTY | |
| Name: William McGinty | |||
| Title: Senior Vice President | |||
| BANK OF AMERICA, N.A. | |||
|
Date: August 8, 2008
|
By:
|
/s/ MICHAEL B. DELANEY | |
| Name: Michael B. Delaney | |||
| Title: Vice President | |||
| SUNTRUST BANK | |||
|
Date: August 8, 2008
|
By:
|
/s/ MICHAEL VEGH | |
| Name: Michael Vegh | |||
| Title: Vice President | |||
| WELLS FARGO BANK, N.A. | |||
|
Date: August 8, 2008
|
By:
|
/s/ STEVEN BUEHLER | |
| Name: Steven Buehler | |||
| Title: Senior Vice President | |||
| CITIBANK, N.A. | |||
|
Date: August 8, 2008
|
By:
|
/s/ JOHN COONS | |
| Name: John Coons | |||
| Title: Vice President | |||
| HARRIS, N.A. | |||
|
Date: August 8, 2008
|
By:
|
/s/ PAUL FEASER | |
| Name: Paul Feaser | |||
| Title: Vice President | |||
| LLOYDS TSB BANK PLC | |||
|
Date: August 8, 2008
|
By:
|
/s/ MARIO DEL DUCA | |
| Name: Mario Del Duca | |||
| Title: Associate Director | |||
|
|
By:
|
/s/ CANDI OBRENTZ | |
| Name: Candi Obrentz | |||
| Title: Associate Director | |||
| NATIONAL AUSTRALIA BANK LIMITED | |||
|
Date: August 8, 2008
|
By:
|
/s/ COURTNEY CLOE | |
| Name: Courtney Cloe | |||
| Title: Director | |||
| BANK OF NEW YORK MELLON | |||
|
Date: August 8, 2008
|
By:
|
/s/ DANIEL J. LENCKOS | |
| Name: Daniel J. Lenckos | |||
| Title: Vice President | |||
| U.S. BANK NATIONAL ASSOCIATION | |||
|
Date: August 8, 2008
|
By:
|
/s/ JAMES N. DEVRIES | |
| Name: James N. DeVries | |||
| Title: Senior Vice President | |||
| DEUTSCHE BANK AG NEW YORK BRANCH | |||
|
Date: August 8, 2008
|
By:
|
/s/ MING K. CHU | |
| Name: Ming K. Chu | |||
| Title: Vice President | |||
|
|
By:
|
/s/ HEIDI SANDQUIST | |
| Name: Heidi Sandquist | |||
| Title: Vice President | |||
| FIFTH THIRD BANK (CHICAGO), A | |||
| MICHIGAN BANKING CORPORATION | |||
|
Date: August 8, 2008
|
By:
|
/s/ KIM PUSZCZEWICZ | |
| Name: Kim Puszczwicz | |||
| Title: Vice President | |||
| KBC BANK, NV | |||
|
Date: August 8, 2008
|
By:
|
/s/ OLIVIER SMEKENS | |
| Name: Olivier Smekens | |||
| Title: Assistant Vice President | |||
|
|
By:
|
/s/ THOMAS G. JACKSON | |
| Name: Thomas G. Jackson | |||
| Title: First Vice President | |||
| KEYBANK NATIONAL ASSOCIATION | |||
|
Date: August 8, 2008
|
By:
|
/s/ FRANK J. JANCAR | |
| Name: Frank J. Jancar | |||
| Title: Vice President | |||
| MERRILL LYNCH BANK USA | |||
|
Date: August 8, 2008
|
By:
|
/s/ DAVID MILLETT | |
| Name: David Millett | |||
| Title: Vice President | |||
| PNC BANK, NATIONAL ASSOCIATION | |||
|
Date: August 8, 2008
|
By:
|
/s/ HOLLY L. KAY | |
| Name: Holly L. Kay | |||
| Title: Assistant Vice President | |||
| SUMITOMO MITSUI BANKING CORPORATION | |||
|
Date: August 8, 2008
|
By:
|
/s/ YOSHIHIRO HYAKUTOME | |
| Name: Yoshihiro Hyakutome | |||
| Title: General Manager | |||
|
Name of
Lender
|
Dollar Sub-Commitment
|
Multicurrency Sub-Commitment
|
Total
Commitment
|
|||
|
Bank
of America, N.A.
|
$
|
40,384,615.38
|
$
|
15,384,615.37 |
$
|
55,769,230.75 |
|
Bank
of New York Mellon
|
$
|
25,000,000.00 |
$
|
0.00 |
$
|
25,000,000.00 |
|
Citibank,
N.A.
|
$
|
19,230,769.23 |
$
|
5,769,230.77 |
$
|
25,000,000.00 |
|
Deutsche
Bank AG, New York Branch
|
$
|
11,538,461.54 |
$
|
5,769,230.77 |
$
|
17,307,692.31 |
|
Fifth
Third Bank
|
$
|
11,538,461.54
|
$
|
5,769,230.77 |
$
|
17,307,692.31 |
|
Harris
Trust and Savings Bank
|
$
|
19,230,769.23 |
$
|
5,769,230.77 |
$
|
25,000,000.00 |
|
JPMorgan
Chase Bank, N.A.
|
$
|
33,653,846.15 |
$
|
14,423,076.92 |
$
|
48,076,923.07 |
|
KBC
Bank, NV
|
$
|
17,307,692.31 |
$
|
0.00 |
$
|
17,307,692.31 |
|
KeyBank
National Association
|
$
|
17,307,692.31 |
$
|
0.00 |
$
|
17,307,692.31 |
|
Lloyds
TSB Bank plc
|
$
|
19,230,769.23 |
$
|
5,769,230.77 |
$
|
25,000,000.00 |
|
Merrill
Lynch Bank USA
|
$
|
11,538,461.54 |
$
|
5,769,230.77 |
$
|
17,307,692.31 |
|
National
Australia Bank Limited
|
$
|
19,230,769.23 |
$
|
5,769,230.77 |
$
|
25,000,000.00 |
|
PNC
Bank, N.A.
|
$
|
11,538,461.54 |
$
|
5,769,230.77 |
$
|
17,307,692.31 |
|
Sumitomo
Mitsui Banking Corporation
|
$
|
17,307,692.31 |
$
|
0.00 |
$
|
17,307,692.31 |
|
SunTrust
Bank
|
$
|
28,846,153.85 |
$
|
9,615,384.62 |
$
|
38,461,538.47 |
|
The
Royal Bank of Scotland plc
|
$
|
33,653,846.15 |
$
|
14,423,076.92 |
$
|
48,076,923.07 |
|
U.S.
Bank National Association
|
$
|
19,230,769.23 |
$
|
5,769,230.77 |
$
|
25,000,000.00 |
|
Wells
Fargo Bank, N.A.
|
$
|
28,846,153.85 |
$
|
9,615,384.62 |
$
|
38,461,538.47 |
|
TOTAL
|
$
|
384,615,384.62 |
$
|
115,384,615.38 |
$
|
500,000,000.00 |