Acushnet Plans Notes Offering to Refinance Older Debt
GOLF intends to raise $500 million through an offering of 5.625% senior notes due in 2033, with the proceeds used to redeem its $350 million 7.375% senior unsecured notes due Oct. 2028 and repay a portion of borrowings under its revolving credit facility. It also plans to replace its existing $950 million revolver, which expires in 2027, with a new ... Log in to view full article.