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Article Date: December 2018
Word Count: 115

Moody’s Weighs in on Callaway’s Jack Wolfskin Acquisition


The ratings agency assigned a Ba3 rating and an SGL-2 speculative grade liquidity rating to ELY’s proposed $480 million senior secured term loan which will be used to finance the purchase of Jack Wolfskin. It also assigned a Ba3 corporate family rating and Ba3-PD probability of default rating to the company, with a stable outlook. Positives were ... Log in to view full article.

 


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