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Subsequent Events Subsequent Events
12 Months Ended
Dec. 31, 2013
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
On January 3, 2014, Manitowoc entered into a $1,050.0 million Third Amended and Restated Credit Agreement. See Note 11, "Debt" for further details of the transaction.

On February 18, 2014 the Company redeemed its 2018 Notes for $419.0 million or 104.750%, expressed as a percentage of the principal amount.
During the fourth quarter of 2013, the company agreed to sell its 50% interest in Manitowoc Dong Yue, which produces mobile and truck-mounted hydraulic cranes in China, to its joint venture partner, Tai’an Taishan Heavy Industry Investment Co., Ltd., for a nominal amount. Consequently, the joint venture has been classified as discontinued operations in the company's financial statements. The transaction subsequently closed on January 21, 2014. See Note 4, "Discontinued Operations," for further details of this transaction.