Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
November 15, 2007
Registration Statement No. 333-147371
The Manitowoc Company, Inc.
| | |
Issuer: | | The Manitowoc Company, Inc. |
Symbol: | | MTW |
Size: | | $157,920,000 |
Shares offered by the Issuer: | | 4,000,000 shares |
Overallotment option: | | None |
Price to public: | | $39.48 per share |
Net proceeds to the issuer, after deducting underwriting discount | | |
and estimated offering expenses: | | $156,880,400 |
Trade date: | | November 15, 2007 |
Closing date: | | November 21, 2007 |
CUSIP: | | 563571108 |
Underwriter: | | Morgan Stanley & Co. Incorporated |
The following restates the “Capitalization” section contained in our preliminary prospectus supplement dated November 14, 2007 in order to, among other things, reflect the number of shares offered, the public offering price set forth above and the application of the net proceeds as described under “Use of Proceeds” in the preliminary prospectus supplement. A copy of our preliminary prospectus supplement can be accessed through the following link: http://www.sec.gov/Archives/edgar/data/61986/000095012407005822/c21550b5e424b5.htm
CAPITALIZATION
The following table sets forth our capitalization as of September 30, 2007 on an actual basis and as adjusted giving effect to the sale of 4,000,000 shares of our common stock in this offering at the public offering price of $39.48 per share, after deducting the underwriting discount and estimated offering expenses and the application of the estimated net proceeds of this offering as described under “Use of Proceeds” in the preliminary prospectus supplement. You should read this table in conjunction with our historical financial statements and related notes incorporated by reference in the preliminary prospectus supplement and the accompanying prospectus.
| | | | | | | | |
| | September 30, 2007 | |
| | | | | | As Adjusted for | |
| | Actual | | | This Offering | |
| | (in millions) | |
| | | | |
Cash and cash equivalents | | $ | 103.8 | | | $ | 157.4 | |
| | | | | | |
Short-term debt | | $ | 10.4 | | | $ | — | |
Long-term debt | | | 263.4 | | | | 170.5 | |
| | | | | | |
Total debt | | | 273.8 | | | | 170.5 | |
| | | | | | |
Stockholders’ equity: | | | | | | | | |
Common stock, $0.01 par value | | | 1.3 | | | | 1.3 | |
Additional paid-in capital | | | 254.4 | | | | 411.3 | |
Accumulated other comprehensive income. | | | 86.0 | | | | 86.0 | |
Retained earning | | | 807.1 | | | | 807.1 | |
Treasury stock, at cost | | | (90.3 | ) | | | (90.3 | ) |
| | | | | | |
Total stockholders’ equity | | | 1,058.5 | | | | 1,215.4 | |
| | | | | | |
Total capitalization | | $ | 1,332.3 | | | $ | 1,385.9 | |
| | | | | | |
The Manitowoc Company, Inc., the issuer, has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer or the underwriter will arrange to send you the prospectus if you request it by calling toll-free 1-866-718-1649 or by email at prospectus@morganstanley.com.