VSTO said the Securities and Exchange Commission declared effective its S-4 registration statement proposing the sale of its Kinetic Group to Czechoslovak Group.

Although CTC’s leverage increased to 3.7x in the fourth quarter, the ratings agency affirmed its BBB issuer credit rating for the retailer, with a stable outlook.

MODG has successfully amended its existing $1.24 billion first-lien term loan due 2030, reducing the interest rage by .50% per annum, and removed the .10% per annum credit spread adjustment to the term loan facility.