Weekly Recap: CMCO credit repricing and acquisition doubled revenue
Columbus McKinnon Corporation (NASDAQ:CMCO) cut borrowing costs by repricing ~$1.45B Term Loan B to SOFR+3.00% and a $500M revolver, trimming margins 50 bps to save about $7.3M yearly, while a recent acquisition doubled revenue and strengthened recurring sales as synergies and margin plans stay on…