Maxim Crane Works LP, founded in 1998 and headquartered in Bridgeville, Pennsylvania, serves as a leading provider of lifting solutions across the United States. The company specializes in crane rental and related services, offering a diverse fleet of equipment catering to various sectors including construction and industrial projects.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CLDCRN 11.50% 2028-09-01 USDMaxim Crane Works LP | United States | 2028-09-01 | 11.500 | 8.89 |
| CLDCRN 11.50% 2028-09-01 USDMaxim Crane Works LP | United States | 2028-09-01 | 11.500 | 8.99 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Maxim Crane Works has an established track record in the bond market, having issued its first bonds in 2015 to fund its expansion initiatives. Notably, in 2020, the company issued a significant $200 million bond to support its acquisition strategy, with a competitive yield compared to industry peers currently hovering around 4.5%. The bonds offer unique call features after five years, providing investors with potential flexibility. Recent news highlights Maxim's 2023 refinancing efforts which aim to optimize capital structure and reduce interest expenses, further strengthening its financial position.