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): August 1, 2007

The Manitowoc Company, Inc.

(Exact name of registrant as specified in its charter)

Wisconsin

 

1-11978

 

39-0448110

(State or other jurisdiction
of incorporation)

 

(Commission File
Number)

 

(I.R.S. Employer
Identification Number)

 

2400 S. 44th Street, Manitowoc, Wisconsin 54221-0066

(Address of principal executive offices including zip code)

(920) 684-4410

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 




Item 1.02.  Termination of a Material Definitive Agreement.

Pursuant to its previously announced plans, on August 1, 2007, The Manitowoc Company exercised its early redemption option and repaid its 10.5% Senior Subordinated Notes due 2012.  The total principal, call premium, accrued and unpaid interest amount paid and other related costs was $129 million.  The call premium paid to note holders was 105.25% of the principal amount of the notes.  The Bank of New York, trustee for the issue, redeemed the notes through its New York office.  Manitowoc generated proceeds for the redemption of the notes from its multi-currency revolving credit facility, its accounts receivable securitization facility and cash on hand.

As a result of the redemption, the related indenture dated August 8, 2002, by and among The Manitowoc Company, the guarantor subsidiaries thereunder and The Bank of New York, as trustee, terminated automatically as of August 1, 2007.

These matters are described in the press release that The Manitowoc Company issued on August 1, 2007, a copy of which is attached as an Exhibit to this filing.

Item 9.01 Financial Statements and Exhibits

(d)                                 Exhibits

99.1         Press release announcing redemption and repayment of 10.5% Senior Subordinated Notes due 2012.

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SIGNATURES

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 thereunto duly authorized.

THE MANITOWOC COMPANY, INC.

 

(Registrant)

 

 

 

 

DATE:  August 1, 2007

  /s/ Dean J. Nolden

 

 

Dean J. Nolden

 

Vice President Finance – Assistant Treasurer

 

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THE MANITOWOC COMPANY, INC.

EXHIBIT INDEX

TO

FORM 8-K CURRENT REPORT

Dated as of August 1, 2007

Exhibit
No.

 

Description

 

Filed
Herewith

 

 

 

 

 

99.1

 

Press release announcing redemption and repayment of 10.5% Senior Subordinated Notes due 2012

 

X

 

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