Callaway Golf Company’s $480 Million Credit Facility

Cahill represented the lead arrangers in connection with a $480,000,000 Term B credit facility for Callaway Golf Company, an American global sporting goods company that designs, manufactures, markets and sells golf equipment, golf accessories and golf lifestyle-related products.

Bank of America, N.A. acted as administrative agent on the transaction.

Proceeds from the facility will be used for the acquisition of Jack Wolfskin by Callaway Golf Company.

Cahill advised Bank of America with a team including James J. Clark (Picture), Ted B. Lacey, Christopher Bevan, Alexandria Fernandez, Joseph T. Lumley, Matthew Rosenthal.

Involved fees earner: Christopher Bevan – Cahill Gordon & Reindel; Alexandria Fernandez – Cahill Gordon & Reindel; James Clark – Cahill Gordon & Reindel; Ted Lacey – Cahill Gordon & Reindel; Joseph Lumley – Cahill Gordon & Reindel; Matthew Rosenthal – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Bank of America;

Author: Ambrogio Visconti