debt
confidence high
sentiment neutral
materiality 0.45
Topgolf Callaway prepays $50M of term loan B debt voluntarily
Callaway Golf Co
- Voluntary prepayment of $50 million towards term loan B debt.
- Prepayment made on May 31, 2024, under Credit Agreement dated March 16, 2023.
- Bank of America, N.A. serves as administrative agent for the credit facility.
- Prepayment aligns with previously announced debt reduction plans.