Columbus McKinnon reprices USD 1.45 billion term loan B, cuts margin 50 bps
CMCO•Term loan and revolver repriced
Columbus McKinnon completed an opportunistic repricing of its USD 1.45 billion Term Loan B due Feb. 3, 2033.
The amendment also repriced its USD 500 million revolving credit facility under the existing credit agreement dated Feb. 3, 2026.
Interest rate margin was cut by 50 basis points on both facilities; the Term Loan B is now priced at SOFR + 3.00%.
Maturity dates were unchanged; annual cash interest expense is expected to fall by at least USD 7.3 million.
