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Published on 3/15/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Terex issues conditional redemption notice for 2025 senior notes

Chicago, March 15 – Terex Corp. gave notice of a conditional redemption of the company’s outstanding 5 5/8% senior notes due 2025, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at 102.813 plus interest to the redemption date of April 5.

The redemption is conditioned upon the company receiving debt financing on terms satisfactory to Terex.

Terex is a Westport, Conn.-based lifting and material handling solutions company.


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