Acushnet Issues $500 Million 5.625% Senior Notes Due 2033, Refinances 2028 Notes
Acushnet's subsidiary completed a $500 million offering of 5.625% senior notes due December 1, 2033, and used proceeds to redeem its $350 million 7.375% notes due 2028 and repay part of its revolving credit facility. The company also entered a second amended and restated credit agreement with a $950.0 million revolving credit facility maturing November 24, 2030. The filing does not report financial results, but it changes the company's debt structure and borrowing terms.
Key points
- $500 million of 5.625% senior notes due December 1, 2033, issued November 24, 2025
- $350 million of 7.375% 2028 Notes redeemed at 103.688% of principal plus accrued interest
- Revolving credit facility increased to $950.0 million and extended to November 24, 2030
- Maximum Net Average Total Leverage Ratio remains 3.75:1.00, with interest coverage minimum of 3.00:1.00
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 25, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.