Acushnet subsidiary plans $350M senior note offering due 2028

Acushnet Holdings Corp.

Wholly-owned subsidiary Acushnet Company to issue $350M of senior notes due 2028.
Proceeds to repay outstanding borrowings under its revolving credit facility and pay fees/expenses.
Offering subject to market and other customary conditions.
Company also targets maintaining average net leverage below 2.25x on an annual basis.

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