Terex Corporation announced that it has given notice that it will redeem $300 million of the outstanding $850 million principal amount of its 6% Senior Notes due 2021 at a redemption price of 103.000% of principal amount, plus accrued and unpaid interest to the redemption date. The date for redemption of the 6% Senior Notes has been set for February 3, 2017. Terex Corporation further announced that it intends to retire all $300 million of its 6.5% Senior Notes due 2020 outstanding on April 3, 2017 at a redemption price of 101.625%. Terex may take other actions with respect to the 6.5% Senior Notes, including purchasing notes through open market or privately negotiated transactions or otherwise.