Item 1.01. Entry Into a Material Definitive Agreement.
Amendment to Guarantee and Collateral Agreement
On
The principal changes contained in the Amendment are:
•Enabling Terex Global GmbH ("TGG") to enter into hedging derivatives with external counterparties, including, but not limited to, foreign exchange and steel hedges. •The inclusion of Terex subsidiary entities' cash management services provided by lending banks to be secured under the Guarantee and Collateral Agreement.
CSAG or its affiliates, and certain lenders, or their affiliates, are party to other agreements with the Company and its subsidiaries, including the provision of commercial banking, investment banking, trustee and/or other financial services in the ordinary course of business of the Company and its subsidiaries.
The foregoing summary is qualified in its entirety by reference to the Amendment, a copy of which is attached hereto and incorporated by reference herein as Exhibit 10.1 to this Current Report on Form 8-K.
Item 8.01. Other Events. Term Loan Repayment
In
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits Exhibit No Description 10.1 Amendment dated as ofDecember 29, 2022 , relating to the Guarantee and Collateral Agreement dated as ofJanuary 31, 2017 , amongTerex Corporation , certain of its subsidiaries, the Lenders and Issuing Banks named therein and Credit Suisse AG,Cayman Islands Branch, as Administrative Agent and Collateral Agent. 104 Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document). - 2 -
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