Columbus McKinnon announces $1.225B senior secured notes offering for Kito Crosby acquisition

COLUMBUS MCKINNON CORP

Company offers $1.225B senior secured notes due 2033 to finance the pending Kito Crosby acquisition.
Updated preliminary Kito Crosby FY2025 net sales estimate raised to $1.14-$1.15 billion from $1.13-$1.14 billion.
Updated preliminary Kito Crosby FY2025 Adjusted EBITDA estimate raised to $273-$283 million from $268-$275 million.
Notes initially unsecured, become secured after acquisition closes; special mandatory redemption if deal fails by Aug 10, 2026.
Company also corrected prior lender presentation and furnished updated pro forma financial information.

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