Ropes & Gray advised Acushnet Holdings Corp. and its subsidiary, Acushnet Company, in an offering of $350,000,000 in aggregate principal amount of senior notes due 2028. The proceeds from the notes offering will be used to repay existing borrowings under Acushnet Company’s revolving secured credit facility and to pay fees and expenses related to the notes offering. The pricing was announced in a press release on September 27.
Headquartered in Fairhaven, Massachusetts, Acushnet Holdings Corp., is a global leader in the design, development, manufacture and distribution of performance-driven golf products. Acushnet is the steward of two of the most revered brands in golf – Titleist, one of golf’s leading performance equipment brands, and FootJoy, one of golf’s leading performance wear brands.
The Ropes & Gray team was led by capital markets partner Tom Fraser and finance partner Byung Choi.
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