secwatch.observer — SEC 8-K summary
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Issuer:     TEREX CORP (TEX)
CIK:        0000097216
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0001104659-24-104389
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Terex prices $750M 6.250% senior notes due 2032; closes Oct 8, 2024
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- Priced $750M aggregate principal of 6.250% senior notes due 2032 at par; expected close Oct 8, 2024.
- Proceeds, with up to $1.25B new term loan and cash, to fund acquisition of Dover's Environmental Solutions Group.
- Concurrent credit agreement amendment: revolver increased to $800M from $600M, maturity extended to 5 years post-acquisition.
- Term loan facility of up to $1.25B matures on 7th anniversary of acquisition close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97216/000110465924104389/0001104659-24-104389-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97216/000110465924104389/tm2424691d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-104389

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer