Standard Contracts
MTW CRANES ESCROW CORP. to be merged with and into THE MANITOWOC COMPANY, INC. Purchase AgreementPurchase Agreement • February 11th, 2016 • Manitowoc Co Inc • Construction machinery & equip • New York
Contract Type FiledFebruary 11th, 2016 Company Industry JurisdictionMTW Cranes Escrow Corp., a Delaware corporation (the “Escrow Issuer”) and a newly-formed wholly-owned subsidiary of The Manitowoc Company, Inc., a Wisconsin corporation (the “Company”), proposes to issue and sell to the several initial purchasers listed in Schedule 1 hereto (the “Initial Purchasers”), for whom Goldman, Sachs & Co. is acting as representative (in such capacity, the “Representative”), $260,000,000 aggregate principal amount of its 12.75% Senior Secured Second Lien Notes due 2021 (the “Notes”). The Notes will be issued pursuant to an indenture to be dated as of February 18, 2016 (the “Indenture”), between the Escrow Issuer and Wells Fargo Bank, National Association, as trustee (in such capacity, the “Trustee”) and as collateral agent (in such capacity, the “Notes Collateral Agent”).