Moody’s outlook for Callaway remains negative, despite refinancing

2022-02-21T16:44:00

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Moody’s maintained its negative outlook about the increasingly diversified Callaway Golf group despite a new move intended to simplify its capital structure by refinancing its debt, following its $1.7 billion acquisition of Topgolf International, the U.S.-based operator of golf venues and entertainment centers, in March 2021. In a previous diversification ...

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