Acushnet Holdings Corp. announced that its wholly-owned subsidiary, Acushnet Company, intends to raise $350,000,000 through an offering of senior notes (Notes) due 2028.
The proceeds from the Notes offering will be used to repay existing borrowings under the Issuer’s revolving secured credit facility and to pay fees and expenses related to the Notes offering.
The consummation of the Notes offering is subject to market and other customary conditions.