Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Cahill Represents Initial Purchasers in $260 Million Notes Offering for MTW Cranes Escrow Corp.

Date: 02/18/16

Cahill represented the joint book-running managers and the co-managers in connection with a Rule 144A offering of $260,000,000 aggregate principal amount of 12.75% Senior Secured Second Lien Notes due 2021 by MTW Cranes Escrow Corp., to be merged with and into The Manitowoc Company, Inc.  MTW Cranes Escrow Corp. is a newly-formed Delaware corporation that is a direct wholly owned unrestricted subsidiary of The Manitowoc Company, a multi-industry, capital goods manufacturer with over 100 manufacturing, distribution, and service facilities in 20 countries. Proceeds from the offering will be used to refinance existing indebtedness and for general corporate purposes.