Terex Completes Capital Markets Transaction

Terex Corp. this week completed its previously announced financing, with total net proceeds to Terex of approximately $295 million. The public offering subsisted of $300 million aggregate principal amount of 6.50 percent senior unsecured notes due 2020 at an issue price of 100 percent.

Westport, Conn.-based Terex Corp. is a diversified global manufacturer reporting in five business segments: Aerial Work Platforms, Construction, Cranes, Material Handling & Port Solutions and Materials Processing.

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