Briggs & Stratton Corporation BGG today announced the closing of a new five-year $500 Million Senior
Unsecured Revolving Credit Facility with a syndicate of financial
institutions. The multicurrency credit agreement also includes an optional
increase in aggregate commitment amount of up to $250 million, subject to
certain conditions. This agreement replaces the company's existing credit
agreement maturing in July 2012. As of the end of the company's most recent
fiscal year ended July 3, 2011, no amounts were outstanding under the existing
agreement.
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