Callaway Offering $225 Million in Convertible Notes
The 2.75% convertible senior notes mature on May 1, 2026, and will be convertible into ELY stock at an initial conversion price of approximately $17.61 per share, a 30% premium over the current price. The notes, which will accrue interest in arrears, can be redeemed after May 6, ... Log in to view full article.