Terex Begins Konecranes Merger Consent Solicitation



In connection with its merger with Konecranes, Terex is soliciting consents from holders of its 6.00% senior notes due 2021 and 6.50% senior notes due 2020 to certain proposed amendments to the indentures governing the notes.

Terex is offering cash fees of $17.50 for each $1,000 principal amount of 2021 notes and $10.00 for each $1,000 principal amount of 2020 notes to holders who consent to a number of proposed amendments.

Terex has engaged Credit Suisse Securities to act as solicitation agent and Global Bondholder Services to act as information and tabulation agent for the consent solicitation.


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