GGG

Acushnet Co. 7.375% 15-OCT-2028

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Overview
Analysis

GOLF5660430 analysis



Key facts


Issuer
Acushnet Co.
Issue date
Oct 3, 2023
Maturity date
Oct 15, 2028
Outstanding amount
‪350.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
7.38% (Fixed)
Yield to maturity
5.98%
The Titleist brand started with a vision - and an x-ray. The Titleist success story began one Sunday in 1930, when Phil Young, a dedicated amateur golfer and owner of a precision molded rubber company, missed a well-stroked putt in a match with his friend, who was head of the x-ray department at a local hospital. Convinced that the ball itself was at fault, Young and his opponent went to the hospital, x-rayed the golf ball in question and found that its core was, in fact, off-center.
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