---
schema_version: "secwatch.filing_event.v1"
accession: "0000097216-25-000147"
form_type: "8-K"
ticker: "TEX"
cik: "0000097216"
company_name: "TEREX CORP"
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:49:35.546962+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Terex re-prices term loan to SOFR+1.75%, reduces annual interest cost ~$3M

## Summary
- Term loan rate cut 25 bps from SOFR+2.00% to SOFR+1.75%, effective August 12, 2025.
- Revolving credit facility spread also reduced by 12.5 to 25 bps.
- Expected annual cash interest savings of approximately $3 million.
- Terex International Financial Services Unlimited Company removed as borrower.
- CFO Jennifer Kong-Picarello cited improved capital structure efficiency.

## SEC filing metadata
- accession: 0000097216-25-000147
- form_type: 8-K
- ticker: TEX
- cik: 0000097216
- company_name: TEREX CORP
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97216/000009721625000147/0000097216-25-000147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97216/000009721625000147/tex-20250812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000097216-25-000147
- JSON: https://secwatch.observer/filing/0000097216-25-000147.json
- Plain text: https://secwatch.observer/filing/0000097216-25-000147.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.