Terex Corporation 6.25% 15-OCT-2032Terex Corporation 6.25% 15-OCT-2032Terex Corporation 6.25% 15-OCT-2032

Terex Corporation 6.25% 15-OCT-2032

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Overview
Analysis

TEX5907180 analysis



Key facts


Issue date
Oct 8, 2024
Maturity date
Oct 15, 2032
Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.25% (Fixed)
Yield to maturity
6.25%
Terex Corp. is a global industrial equipment manufacturer, specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. It operates through the following segments Material Processing (MP) and Aerial Work Platforms (AWP) segments. The MP segment designs, manufactures, services, and markets materials processing and equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and their related components and replacement parts. The AWP segment manufactures, services, and markets aerial work platform equipment, utility equipment, and telehandlers. The company was founded by George Arthur Armington in 1933 and is headquartered in Norwalk, CT.
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