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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) November 10, 2003
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TEREX CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-10702 34-1531521
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
500 Post Road East, Suite 320, Westport, Connecticut 06880
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (203) 222-7170
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NOT APPLICABLE
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
Terex Corporation (the "Company") issued a press release dated November 10,
2003 announcing its intention to issue approximately $300 million principal
amount of Senior Subordinated Notes due 2013. The Company stated its intention
to use the net proceeds from the offering to prepay all of the remaining $200
million principal amount of its 8.875% Senior Subordinated Notes due 2008 and to
prepay $100 million of its existing bank term loans. The Company also stated its
intention to prepay an additional $100 million in principal amount of its
existing bank term loans with cash on hand. The Company intends to offer the new
Senior Subordinated Notes pursuant to Rule 144A promulgated under the Securities
Act of 1933, as amended (the "Act"), so that they will not initially be
registered under the Act and will not be able to be offered or sold in the
United States absent registration under the Act or an applicable exemption from
the registration requirements.
A copy of this press release is included as Exhibit 99.1 to this Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
99.1 Press release of Terex Corporation issued on November 10, 2003.
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: November 10, 2003
TEREX CORPORATION
By: /s/ Eric I Cohen
Eric I Cohen
Senior Vice President
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