Moody's Upgrades Brunswick Corporation to Baa2; outlook stable
Rating Action: Moody's Upgrades Brunswick Corporation to Baa2; outlook stable. Global Credit Research- 29 Aug 2017. New York, August 29, 2017-- Moody's Investors Service, upgraded Brunswick Corporation's senior unsecured ratings to Baa2 from Baa3.Brunswick is a global designer, manufacturer, and marketer of recreation marine products including marine engines, boats, and parts and accessories for those products. The company operates in the following segments: Marine Engine, which manufactures and markets a range of outboard, sterndrive, and inboard engine and propulsion systems under, among other brand names, Mercury, Mercury MerCruiser, Mercury Racing, and MotorGuide brands; and Boat, which manufactures and markets the following types of boats: fiberglass sport boats, cruisers, sport fishing and center-console, offshore fishing, aluminum and fiberglass fishing, pontoon, utility, deck, inflatable, tow/wake, and heavy-gauge aluminum.
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