Manitowoc Co., Inc., founded in 1902 and headquartered in Manitowoc, Wisconsin, is a leading global manufacturer of cranes and lifting solutions dedicated to enhancing productivity on job sites worldwide. The company’s primary products include mobile cranes, tower cranes, and heavy equipment, serving various industries such as construction, mining, and energy.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MTW 9.00% 2026-04-01 USDManitowoc Co., Inc. | United States | 2026-04-01 | 9.000 | 48.88 |
| MTW 9.00% 2026-04-01 USDManitowoc Co., Inc. | United States | 2026-04-01 | 9.000 | 49.13 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Manitowoc has a history of bond issuances dating back to the early 2000s, with their notable bonds ranging from 2020's $300 million offering targeted for refinancing and general corporate purposes, to more recent issuances aimed at funding new product development. As of October 2023, their bonds yield an attractive rate compared to industry averages, reflecting strong market demand and investor confidence. In mid-2023, Manitowoc also announced a strategic initiative to align its bond structure with ongoing growth plans, emphasizing commitment to maintaining solid credit ratings and sustainable financing practices.