Senior Unsecured Note Offering

Industrial
Senior Unsecured Note Offering

Summary

Baird served as co-manager on this offering

About

Briggs & Stratton Corporation (“Briggs” or the “Company”) (NYSE: BGG) recently priced an offering of $225 million aggregate principal amount senior unsecured notes due 2020. The notes bear interest at 6.875% per annum. The Company intends to use the net proceeds from the offering to redeem its outstanding 8.875% senior notes due March 15, 2011 and to pay fees and expenses in connection with the offering and redemption and for general corporate purposes.

Briggs & Stratton Corporation, headquartered in Milwaukee, Wisconsin, is the world’s largest producer of gasoline engines for outdoor power equipment. Its wholly owned subsidiary Briggs & Stratton Power Products Group, LLC is North America’s number one manufacturer of portable generators and pressure washers, and is a leading designer, manufacturer and marketer of lawn and garden and turf care through its Simplicity® , Snapper®, Ferris® and Murray® brands. The Company’s products are designed, manufactured, marketed and serviced in over 100 countries on six continents.

Baird served as a co-manager on this notes offering.

For additional information about this transaction, please contact:

Steve Booth (414) 298-7661
Trish Hansen (414) 765-3521
Nick Pavlidis (312) 609-4977
Howard Lanser (312) 609-5478
Pat Lawton (414) 298-7764
Industrial
Senior Unsecured Note Offering
Date
December 2010
Company
Briggs & Stratton Corporation
Transaction
M&A
Sectors
Industrial
Target Location
North America

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