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Manitex International, Inc. Announces Repayment of $15.5 Million of Convertible Notes and Reduction of $2 Million in Term Debt - Vimarsana News

Manitex International, Inc. Announces Repayment of $15.5 Million of Convertible Notes and Reduction of $2 Million in Term Debt

(2) Fourth Quarter 2020 Payments Anticipated to Reduce Net Debt to Approximately $30 Million at December 31, 2020 BRIDGEVIEW, IL / ACCESSWIRE / January 6, 2021 / Manitex International, Inc. (NASDAQ:MNTX), a leading international provider of cranes and specialized industrial equipment, today announced the repayment in entirety of two convertible notes that were due in December 2020 and January 2021, totaling $15.5 million, which included all remaining principal and accrued interest, as well as the paydown of $2.0 million in European term debt associated with Manitex's subsidiary, PM Group, Sp...