---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-042051"
form_type: "8-K"
ticker: "CALY"
cik: "0000837465"
company_name: "Callaway Golf Co"
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T08:27:26.177116+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Topgolf Callaway temporarily boosts ABL facility by $50M to $450M through June 15, 2023

## Summary
- Maximum facility amount increased from $400M to $450M during the Increased Commitment Period (Feb 15 – Jun 15, 2023).
- U.S. revolver sublimit raised by $50M to $390M for that period; other country sublimits unchanged.
- Seventh Amendment to ABL agreement executed Feb 14, 2023; borrowing base availability still applies.
- Reallocation of Maximum Country Facility amounts effective concurrently with the amendment.

## SEC filing metadata
- accession: 0001193125-23-042051
- form_type: 8-K
- ticker: CALY
- cik: 0000837465
- company_name: Callaway Golf Co
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/837465/000119312523042051/0001193125-23-042051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/837465/000119312523042051/d435783d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-042051
- JSON: https://secwatch.observer/filing/0001193125-23-042051.json
- Plain text: https://secwatch.observer/filing/0001193125-23-042051.txt

## Key facts
- Material Agreements
  Callaway Golf Co amended Seventh Amendment with Bank of America, N.A., as administrative agent and as security trustee valued at from $400,000,000 to $450,000,000 (effective 2023-02-14).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as administrative agent and as security trustee
  - Value: from $400,000,000 to $450,000,000
  - Effective: 2023-02-14
  source text: On February 14, 2023, the Company entered into an amendment to the ABL Agreement (the “Seventh Amendment” and, the ABL Agreement as amended by the Seventh Amendment, the “Amended ABL Agreement”), which among other things, temporarily increases the maximum aggregate principal amount of the senior secured asset-based revolving credit facilities under the Amended ABL Agreement from $400,000,000 to $450,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/837465/000119312523042051/0001193125-23-042051-index.htm

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