Konecranes Oyj - Company Announcement

Konecranes signs EUR 1,500 million financing facilities

KONECRANES STOCK EXCHANGE RELEASE  August 1, 2016 at 17:15


Today Konecranes has signed EUR 1,500 million unsecured financing facilities to
fund the proposed acquisition of Terex’s MHPS business. The committed credit
facility includes a syndicated EUR 300 million term loan with a tenor of three
years, EUR 600 million amortizing term loan with a tenor of five years and EUR
400 million revolving credit facility with a tenor of five years, alongside a
EUR 200 million bridge term loan facility. The revolving credit facility shall
refinance the existing EUR 200 million revolving credit facility signed in
December 2015 and the EUR 100 million revolving credit facility signed in
February 2014. 

The Underwriters, Bookrunners and Mandated Lead Arrangers, as well as bridge
providers, are Nordea and SEB. The Mandated Lead Arrangers are Commerzbank
Aktiengesellschaft, Danske Bank A/S, Handelsbanken and OP Corporate Bank plc.
The Lead Arrangers are BBVA, BNP Paribas, Citi, Credit Agricole Corporate and
Investment Bank, DBS Bank Ltd., London Branch, Deutsche Bank AG, Helaba, HSBC
Bank plc, ING Belgium NV/SA, Raiffeisen Bank International AG, Santander Global
Corporate Banking and Swedbank. SEB is Facility Agent. 

KONECRANES PLC

Miikka Kinnunen
Director, Investor Relations



FURTHER INFORMATION
Konecranes Plc
Tomi Hintikka, Group Treasurer, tel. +358 (0)20 427 2042
Miikka Kinnunen, Director, Investor Relations, tel. +358 (0)20 427 2050



Konecranes is a world-leading group of Lifting Businesses™, serving a broad
range of customers, including manufacturing and process industries, shipyards,
ports and terminals. Konecranes provides productivity-enhancing lifting
solutions as well as services for lifting equipment and machine tools of all
makes. In 2015, Group sales totaled EUR 2,126 million. The Group has 11,400
employees at 600 locations in 48 countries. Konecranes is listed on Nasdaq
Helsinki (symbol: KCR1V). 



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