Callaway Golf Raises $46 Million

Callaway Golf Company (ELY) announced that it has raised $46.82 million in a Convertible Senior Notes transaction. The fixed conversion price of the Convertible Senior Notes is $7.50 per share, an approximate 20.77% premium to the market price ($6.21) of ELY at deal announcement. The transaction is expected to close on 08/29/2012

See the PlacementTracker Deal Summary.