Columbus McKinnon Completes Successful Debt Refinancing
The new financing also includes a $100 million, five-year revolving credit facility with a springing first-lien net leverage covenant.
- The new financing also includes a $100 million, five-year revolving credit facility with a springing first-lien net leverage covenant.
- The facility provides a permanent capital structure that is flexible and low cost.
- Key products include hoists, crane components, precision conveyor systems, actuators, rigging tools, light rail workstations, and digital power and motion control systems.
- The Company assumes no obligation to update the forward-looking information contained in this release.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005503/en/\n"