Financing ·
Columbus McKinnon executes $1,452.9M Term Loan B refinancing to cut annual interest expense by at least $7.3 million
CMCOColumbus McKinnon Corp
Columbus McKinnon Corporation executed a $1,452.9 million Term Loan B refinancing and repriced its $500 million Revolving Credit Facility via a First Amendment dated September 21, 2026. The transaction reduced the applicable interest rate margin on both facilities by 50 basis points, resulting in a SOFR plus 3.00% margin for the Term Loan B and margins ranging from 1.75% to 2.75% for the Revolver based on leverage ratios. This repricing is expected to lower annual cash interest expense by at least $7.3 million. Columbus McKinnon Corporation operates in the industrial manufacturing industry, designing and marketing intelligent motion solutions for material handling.