The Manitowoc Company, Inc. Announces Pricing of $300 Million of Senior Secured Second Lien Notes due 2031
Manitowoc Company, Inc. (The) (MTW)
Last manitowoc company, inc. (the) earnings: 2/6 04:31 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.manitowoc.com/investor-relations/events-and-presentations/events/default.aspx
Company Research
Source: Business Wire
MILWAUKEE--(BUSINESS WIRE)--The Manitowoc Company, Inc. (NYSE: MTW) (“Manitowoc”) announced today that it has priced its previously announced private offering (the “Offering”) of $300 million aggregate principal amount of senior secured second lien notes due 2031 (the “Notes”). The Notes will have an interest rate of 9.250% per annum and are being issued at a price equal to 100.000% of their face value. The Notes will be guaranteed on a senior secured second lien basis, jointly and severally, by each of Manitowoc’s domestic subsidiaries that will continue to guarantee Manitowoc’s asset-based revolving credit facility that will among other things increase the commitments by $50 million to $325 million (as amended, the “Amended ABL Credit Facility”). The Offering is expected to close on September 19, 2024, subject to market and other conditions, including Manitowoc entering into the Amended ABL Credit Facility. There can be no assurance that the Offering or the Amended ABL Credit Fa
Show less
Read more
Impact Snapshot
Event Time:
MTW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTW alerts
High impacting Manitowoc Company, Inc. (The) news events
Weekly update
A roundup of the hottest topics
MTW
News
- Why Is The Manitowoc Company (MTW) Down 9.4% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Investors in Manitowoc Company (NYSE:MTW) have unfortunately lost 57% over the last three years [Yahoo! Finance]Yahoo! Finance
- Manitowoc announces $300M senior notes offering [Seeking Alpha]Seeking Alpha
- The Manitowoc Company, Inc. Announces Proposed Offering of $300 Million of Senior Secured Second Lien Notes due 2031 [Yahoo! Finance]Yahoo! Finance
- The Manitowoc Company, Inc. Announces Proposed Offering of $300 Million of Senior Secured Second Lien Notes due 2031Business Wire
MTW
Earnings
- 8/7/24 - Miss
MTW
Sec Filings
- 9/19/24 - Form 8-K
- 9/5/24 - Form 8-K
- 9/3/24 - Form 8-K
- MTW's page on the SEC website