secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2023-10-03T23:59:59+00:00
Accession:  0001193125-23-249950
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acushnet issues $350M of 7.375% senior notes due 2028 to repay revolver borrowings
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- Acushnet Company issued $350M in gross proceeds of 7.375% senior notes due October 15, 2028.
- Net proceeds used to repay existing revolving credit facility borrowings and pay related fees.
- Notes are unsecured, interest payable semi-annually beginning April 15, 2024.
- Issuer may redeem prior to Oct 15, 2025 at make-whole premium, then declining premiums until par after Oct 15, 2027.
- Holdings Corp. and certain subsidiaries guarantee the notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000119312523249950/0001193125-23-249950-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000119312523249950/d534472d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-249950

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