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Terex ( (TEX) ) has shared an announcement.
Terex Corporation is set to raise $750 million through a private offering of senior notes due 2032, aiming to fund its acquisition of Dover Corporation’s Environmental Solutions Group and related costs. Concurrently, Terex is looking to enhance its credit facilities, increasing its revolving credit by $200 million and introducing a new term loan facility, although there’s no certainty that these financial moves will be successfully executed on favorable terms. The company cautions that these forward-looking statements are subject to risks and uncertainties that could impact the actual outcomes.
For a thorough assessment of TEX stock, go to TipRanks’ Stock Analysis page.
