secwatch.observer — SEC 8-K summary
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Issuer:     Callaway Golf Co (CALY)
CIK:        0000837465
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001193125-23-042051
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/837465/000119312523042051/0001193125-23-042051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/837465/000119312523042051/d435783d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-042051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer