The manitowoc company, inc. announces proposed offering of $300 million of senior secured second lien notes due 2031

Milwaukee--(business wire)--the manitowoc company, inc. (nyse: mtw) (“manitowoc”) announced today that it has commenced a private offering (the “offering”) of $300,000,000 aggregate principal amount of senior secured second lien notes due 2031 (the “notes”), subject to market and other conditions, including manitowoc entering into an amendment to its existing asset-based revolving credit facility that will among other things increase the commitments by $50 million to $325 million (as amended, t.
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