Terex Corporation 5.0% 15-MAY-2029Terex Corporation 5.0% 15-MAY-2029Terex Corporation 5.0% 15-MAY-2029

Terex Corporation 5.0% 15-MAY-2029

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Key terms


Outstanding amount
‪600.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.00% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.05%
Maturity date
May 15, 2029
Term to maturity
3 years

About Terex Corporation 5.0% 15-MAY-2029


Sector
Producer Manufacturing
Industry
Trucks/Construction/Farm Machinery
Home page
Issue date
Apr 1, 2021
Identifiers
3
ISIN:USU88125AD86
Terex Corp. is a global industrial equipment manufacturer, specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWP), and equipment for the electric utility industry. It operates through the following segments: Material Processing (MP), Aerial Work Platforms (AWP), and Environmental Solutions Group (ESG). The MP segment includes designing, manufacturing, servicing, and marketing of material processing and specialty equipment which includes crushers, washing systems, screens, trommels, 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 includes designing, manufacturing, servicing, and marketing of aerial work platform equipment, utility equipment, telehandlers, its related components and replacement parts. The ESG segment includes designing, manufacturing, servicing, and marketing of waste and recycling equipment and solutions which includes refuse collection bodies, hydraulic cart lifters, automated carry cans, compaction, balers and recycling equipment, cameras with integrated smart technology, its related components and replacement parts, and waste hauler software solutions. The company was founded by George Arthur Armington in 1933 and is headquartered in Norwalk, CT.

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