secwatch / observer
8-K filed June 5, 2025, 7:59 PM ET ticker CALY CIK 0000837465
M&A confidence high sentiment neutral materiality 0.65

Callaway Golf Co (CALY): M&A transaction — Topgolf Callaway Brands completes sale of Jack Wolfskin to ANTA Sports for $290M cash

Callaway Golf Co

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Callaway Golf Co amended revolving credit of up to $525 million with Bank of America, N.A., as administrative agent.

Instrument
revolving credit
Principal
up to $525 million
Counterparty
Bank of America, N.A., as administrative agent
Event
amendment
Exact text from the filing
agent and as security trustee, providing for senior secured asset-based revolving credit facilities (the “ABL Facility”) in an original aggregate principal amount of up to $525 million. Concurrently with the Sale, pursuant to the terms and conditions of ABL Credit Agreement and the previously disclosed Third Amendment to Fifth Amended and Restated Loan and
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Callaway Golf Co completed a disposition involving Anca Holdco GmbH & Co. KG (indirect wholly-owned subsidiary of ANTA Sports Products Limited) for $290 million in cash, net of cash sold and subject to net working capital and other customary adjustments (closed 2025-05-31).

Action
disposition
Counterparty
Anca Holdco GmbH & Co. KG (indirect wholly-owned subsidiary of ANTA Sports Products Limited)
Consideration
$290 million in cash, net of cash sold and subject to net working capital and other customary adjustments
Closing
2025-05-31
Exact text from the filing
the Company completed the sale of 100% of the outstanding equity interests of Callaway Germany Holdco GmbH, which owns various entities that operate the Jack Wolfskin business, for $290 million in cash
View on SEC.gov

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Callaway Golf Co filing history →

Source: SEC EDGAR
accession 0001193125-25-135145
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