New Issue - Manitowoc sells $300 mln in notes

Fri Oct 5, 2012 10:37am EDT

Oct 5 (Reuters) - Manitowoc Co Inc on Thursday sold
$300 million of senior notes, said IFR, a Thomson Reuters
service. 
    The size of the deal was increased from the originally
planned $250 million. 
    J.P. Morgan, Deutsche Bank and Wells Fargo were the joint
bookrunning managers for the sale.

BORROWER: MANITOWOC

AMT $300 MLN    COUPON 5.875 PCT   MATURITY    10/15/2022   
TYPE SR NTS     ISS PRICE 100      FIRST PAY   04/15/2013 
MOODY'S B3      YIELD 5.875 PCT    SETTLEMENT  10/19/2012   
S&P B-PLUS      SPREAD 423 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A        MORE THAN TREAS   MAKE-WHOLE CALL 50 BPS