Thursday, December 3, 2009

S&P Raises Outlook on Brunswick to Stable

“Standard & Poor's Ratings Services on Tuesday upgraded its rating outlook on Brunswick Corp. to stable from negative based on the belief that the company has adequate liquidity for next year. Brunswick, which makes boats, gym machines and pool tables, is based in Lake Forest, Ill. ‘The outlook revision is based on our expectation that Brunswick's liquidity will be sufficient to carry it at least through 2010,’ Standard & Poor's credit analyst Andy Liu said in a statement. S&P also said the company has a minimal number of debt maturities coming up in...

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