---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-253280"
form_type: "8-K"
ticker: "CALY"
cik: "0000837465"
company_name: "Callaway Golf Co"
filed_at: "2022-09-28T23:59:59+00:00"
generated_at: "2026-06-23T07:06:16.309440+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Callaway Brands amends ABL facility; adds Dutch borrower, cuts margin 25bp

## Summary
- Adds Callaway Golf EU B.V. as new borrower and guarantor under the ABL facility.
- Replaces LIBOR with SOFR for USD loans, SONIA for GBP, and SARON for CHF.
- Reduces interest rate margins by 0.25% per annum on all loans under the facility.
- Expands borrowing base by increasing concentration limits, advance rates, and allowing additional inventory/accounts.
- Permits certain additional investments, dispositions, and distributions under amended covenants.

## SEC filing metadata
- accession: 0001193125-22-253280
- form_type: 8-K
- ticker: CALY
- cik: 0000837465
- company_name: Callaway Golf Co
- filed_at: 2022-09-28T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/837465/000119312522253280/0001193125-22-253280-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/837465/000119312522253280/d400639d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-253280
- JSON: https://secwatch.observer/filing/0001193125-22-253280.json
- Plain text: https://secwatch.observer/filing/0001193125-22-253280.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.