Columbus McKinnon cuts TLB and revolver margins 0.50%, refinances $1.45B term loan

Columbus McKinnon Corporation said that on September 21, 2026 it entered a First Amendment to its February 3, 2026 credit agreement, refinancing Term Loan B into $1.45 billion of Tranche B Term Loans and cutting the applicable margin on both the term loan and the revolving facility by 0.50% per annum, with JPMorgan Chase Bank, N.A. remaining administrative and collateral agent.

Columbus McKinnon Corporation refinanced its Term Loan B into a new Tranche B and cut pricing on both that loan and its revolving facility, locking in a half-point margin reduction across the senior package.

$1.45 billion Tranche B; margins cut 0.50%

On September 21, 2026, Columbus McKinnon Corporation (the "Company"), Columbus McKinnon EMEA GmbH (the "German Borrower"), and certain subsidiary guarantors entered into a First Amendment to the Company's Credit Agreement dated as of February 3, 2026 (the "Existing Credit Agreement" and the facilities thereunder, the "Senior Credit Facilities"), with the lenders from time to time party thereto and JPMorgan Chase Bank, N.A. as administrative agent and collateral agent.

Under the First Amendment, the initial Term Loan B Facility outstanding as of the First Amendment Effective Date was refinanced with Tranche B Term Loans in an aggregate principal amount of $1.45 billion at an applicable interest rate margin reduced by 0.50% per annum. The applicable margin on the existing Revolving Facility was similarly reduced by 0.50% per annum. Existing term lenders could cashlessly convert into a like principal amount of Tranche B Term Loans or take a cash prepayment funded by new and existing term lenders.

After the amendment, the Senior Credit Facilities bear interest at term SOFR or a base rate plus an applicable margin. For term SOFR loans under the Term Loan B Facility, that margin is 3.00%. For dollar-denominated term SOFR loans under the Revolving Facility, the margin ranges from 1.75% to 2.75% based on the Company's Consolidated Total Leverage Ratio. The First Amendment also named J.P. Morgan SE as administrative agent for the German Borrower and any other EEA Agented Borrower. The Company said no other material changes were made to the Term Loan B Facility, the Revolving Facility, or the Existing Credit Agreement. The Item 1.01 description is qualified in its entirety by the First Amendment filed as Exhibit 10.1.

Company press on revolver size, maturity, and expected interest savings

In a September 22, 2026 press release furnished under Item 7.01 as Exhibit 99.1, Columbus McKinnon described an opportunistic repricing of its existing Term Loan B due February 3, 2033 and its $500 million Revolving Credit Facility. The release states that the amendment cut the applicable margin on both facilities by 50 basis points, leaving Term Loan B at SOFR plus 3.00%, with other material provisions—including maturity dates—unchanged. The press release rounds the Term Loan B size to about $1.45 billion; the Form 8-K Item 1.01 figure is $1.45 billion.

CFO John R. Linker said the company expects the repricing to reduce annual cash interest expense by at least $7.3 million, citing integration progress and early fiscal 2027 financial performance, and reiterated debt paydown as the priority for capital allocation. That savings figure is a company expectation in a furnished release, not a dollar amount stated in the filed Item 1.01 disclosure.

Item 2.03 incorporates the Item 1.01 disclosure by reference as the creation of a direct financial obligation. Columbus McKinnon reported the amendment in Form 8-K AccNo 0001193125-26-397298 under Items 1.01, 2.03, 7.01, and 9.01. The earliest event date is September 21, 2026; the filing was accepted September 22, 2026 at 08:39:37. The report was signed by John R. Linker, Executive Vice President and Chief Financial Officer.