JOURNAL ARTICLE

Columbus, Hillenbrand Leveraged Buyouts Reach Junk Bond Market.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Gurumurthy, Gowri 3 of 3

Abstract

The article focuses on Columbus McKinnon Corp. and a buyer associated with Hillenbrand Inc. utilizing the junk-bond market to finance leveraged buyouts. Columbus McKinnon, based in Charlotte, North Carolina, is issuing approximately $1.23 billion in seven-year senior secured notes to fund its acquisition of Kito Crosby Ltd. from KKR & Co. Meanwhile, a vehicle linked to private equity firm Lone Star Funds is marketing around $500 million in seven-year bonds for the purchase of Hillenbrand. Despite some companies delaying debt sales due to global market tensions, banks are also facilitating $3.1 billion in loans for these transactions, which are part of a larger anticipated $65 billion in leveraged buyout debt for 2026. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:190987155
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