San Diego Business Journal

Callaway Golf to Issue $200M in Securities

By Brad Graves Tuesday, August 12, 2014

Carlsbad-based Callaway Golf Co. plans to issue $200 million in new securities, according to a shelf registration filed with federal regulators on Aug. 11.

The securities might include debt securities, common stock, preferred stock, depositary shares, warrants, rights, stock purchase contracts or stock purchase units, the filing said.

Callaway (NYSE: ELY) said it planned to sell the securities to the public from time to time after the registration became effective, though it did not specify when that would be.