True Temper gets capital investment to maintain compliance with loan covenants

By Sara Rosenberg

New York, Aug. 15 - True Temper Sports Inc. received a capital investment of $1.7 million from TTS Holdings LLC in order to maintain full compliance with financial covenants under its credit facility, according to a 10-Q filed with the Securities and Exchange Commission Wednesday.

The investment was made on Aug. 14.

True Temper is a Memphis, Tenn., manufacturer of golf shafts and performance sports products.

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