Carnegie Joint Bookrunner in Terex Corporation’s EUR 257 million placing of Konecranes shares

Terex Corporation announced it has completed the sale of 7.45 million Class A shares representing 9.5% of the total shares outstanding of Konecranes Plc at a price of EUR 34.50 per share, a 3.25% discount to yesterday’s closing price. Total shares outstanding includes both Class A and Class B shares but does not include Konecranes treasury shares.

Following the offering, Terex will continue to hold approximately 12.15 million Class B shares, representing approximately 15.5% of the total shares outstanding of Konecranes.

Carnegie Investment Bank AB acted as Joint Bookrunner in the placing.

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