Terex Corp Files 8-K for Financials and Exhibits

Ticker: TEX · Form: 8-K · Filed: Sep 30, 2024 · CIK: 97216

Sentiment: neutral

Topics: financial-reporting, regulatory-filing

Related Tickers: TER

TL;DR

Terex filed its 8-K. Nothing major, just routine financials.

AI Summary

Terex Corporation filed an 8-K on September 30, 2024, reporting on financial statements and exhibits. The filing does not contain specific financial figures or new material events beyond routine reporting requirements.

Why It Matters

This filing indicates Terex Corporation is meeting its regulatory reporting obligations by submitting financial statements and exhibits as of September 30, 2024.

Risk Assessment

Risk Level: low — The filing is a routine 8-K for financial statements and exhibits, not indicating any new material events or risks.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report on financial statements and exhibits as of September 30, 2024.

What is the reporting period for the financial statements mentioned?

The filing is as of September 30, 2024, and the period of report is also September 30, 2024.

Where are Terex Corporation's principal executive offices located?

Terex Corporation's principal executive offices are located at 301 Merritt 7, 4th Floor, Norwalk, Connecticut 06851.

What is the company's state of incorporation?

Terex Corporation is incorporated in Delaware.

Does this filing announce any new material events or agreements?

This filing is primarily for Regulation FD Disclosure and Financial Statements and Exhibits, and does not appear to announce any new material events or agreements based on the provided text.

Filing Stats: 1,500 words · 6 min read · ~5 pages · Grade level 13.1 · Accepted 2024-09-30 07:35:06

Key Financial Figures

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On September 30, 2024, Terex Corporation (" Terex " or the " Company ") issued a press release announcing that it commenced a private offering (the " Private Offering ") of $750.0 million in aggregate principal amount of senior notes due 2032 (the " Notes ") in a transaction exempt from registration under the Securities Act of 1933, as amended (the " Securities Act "). The full text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Terex also announced that it is seeking, concurrently with the Private Offering, to amend (the " Amendment ") its existing credit agreement (i) to increase the size of its revolving credit facilities to $800.0 million from $600.0 million and to extend the maturity of the revolving credit facilities to the fifth anniversary of the closing of the Acquisition (as defined below) and (ii) to provide for a new term loan facility which will mature on the seventh anniversary of the closing of the Acquisition and pursuant to which Terex expects to incur term loans in an aggregate amount of up to $1,250.0 million pursuant to previously announced commitments. There can be no assurance that Terex will be able to complete the Private Offering or the Amendment on terms and conditions favorable to it or at all. The Private Offering and the Amendment are being made in connection with Terex's previously announced acquisition (the " Acquisition ") of the subsidiaries and assets of Dover Corporation (" Dover ") that constitute Dover's Environmental Solutions Group (" ESG "). In connection with the proposed Private Offering, Terex provided potential investors with a preliminary offering memorandum, dated September 30, 2024 (the " Preliminary Offering Memorandum "), which contains (i) information prepared in connection with the Private Offering not previously disclosed by Terex and (ii) financial information of ESG as of and for the years ended December 31, 2023 and 2022 a

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 30, 2024 By: /s/ Julie A. Beck Julie A. Beck Senior Vice President and Chief Financial Officer

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