Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
COLUMBUS MCKINNON CORP amended term loan with JPMorgan Chase Bank, N.A., as administrative agent at 2.50% for term SOFR borrowings and 1.50% for base rate borrowings.
- Instrument
- term loan
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent
- Rate
- 2.50% for term SOFR borrowings and 1.50% for base rate borrowings
- Event
- amendment
Exact text from the filing
The Fourth Amendment reduces the interest rate margin applicable to the term loan B outstanding under the Credit Agreement (the “Term Loan B”) by 25 basis points for both term SOFR borrowings and base rate borrowings.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
COLUMBUS MCKINNON CORP amended Fourth Amendment with JPMorgan Chase Bank, N.A., as administrative agent, and the other agents parties thereto valued at reduces the interest rate margin applicable to the term loan B outstanding under the Credit Agreemen (effective 2024-03-18).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent, and the other agents parties thereto
- Value
- reduces the interest rate margin applicable to the term loan B outstanding under the Credit Agreemen
- Effective
- 2024-03-18
Exact text from the filing
On March 18, 2024, Columbus McKinnon Corporation (the “Company”) entered into a Fourth Amendment (the “Fourth Amendment”) to the Amended and Restated Credit Agreement, dated as of May 14, 2021, by and among the Company, Columbus McKinnon EMEA GmbH, the lenders from time to time party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and the other agents parties thereto, as amended (the “Credit Agreement”).
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