---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-251558"
form_type: "8-K"
ticker: "CALY"
cik: "0000837465"
company_name: "Callaway Golf Co"
filed_at: "2026-06-01T20:31:40+00:00"
generated_at: "2026-06-01T20:43:26.899985+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Callaway Golf repays remaining $163M term loan B, reducing gross debt to $53M

## Summary
- Repaid full $163M term loan B balance with cash on hand; total gross debt now $53M ($44M Japan ABL, $9M equipment notes/leases).
- Voluntary $1B prepayment in January 2026 preceded this final repayment, completing earlier announced balance sheet actions.
- Unrestricted cash exceeds $150M after repayment; expects net cash to zero net leverage by year-end.
- Repayment reduces future cash interest expense and enhances financial flexibility for capital allocation priorities.

## SEC filing metadata
- accession: 0001193125-26-251558
- form_type: 8-K
- ticker: CALY
- cik: 0000837465
- company_name: Callaway Golf Co
- filed_at: 2026-06-01T20:31:40+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/837465/000119312526251558/0001193125-26-251558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/837465/000119312526251558/d16706d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-251558
- JSON: https://secwatch.observer/filing/0001193125-26-251558.json
- Plain text: https://secwatch.observer/filing/0001193125-26-251558.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.