Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

YIT Oyj Capital/Financing Update 2019

Jul 8, 2019

3249_rns_2019-07-08_38c89936-8ae8-4ac7-a633-51d4d8997bac.html

Capital/Financing Update

Open in viewer

Opens in your device viewer

Disclosure 373273

YIT - Other information disclosed according to the rules of the Exchange

YIT has repaid its EUR 100 million fixed rate unsecured senior bond

YIT Corporation Stock exchange release July 8, 2019 at 11:00 a.m. YIT has repaid its EUR 100 million fixed rate unsecured senior bond YIT has today repaid its EUR 100 million fixed rate unsecured senior bond (ISIN code FI4000100508) on the maturity date of the bond. The repayment was financed with liquid funds and commercial papers. This repayment is part of the integration activities following the merger of YIT and Lemminkäinen, with the aim to reduce financial costs while at the same time preserving versatile funding sources in the loan portfolio. For further information, please contact: Tiina Kuusisaari, Manager, Investor Relations, YIT Corporation, tel. +358 40 5288 154, [email protected] YIT CORPORATION Hanna Jaakkola Vice President, Investor Relations Distribution: Nasdaq Helsinki, major media, www.yitgroup.com YIT is the largest Finnish and significant North European construction company. We develop and build apartments and living services, business premises and entire areas. We are also specialised in demanding infrastructure construction and paving. Together with our customers, our nearly 10,000 professionals are creating more functional, more attractive and more sustainable cities and environments. We work in 11 countries: Finland, Russia, Scandinavia, the Baltic States, the Czech Republic, Slovakia and Poland. The new YIT was born when over 100-year-old YIT Corporation and Lemminkäinen Corporation merged on February 1, 2018. Our pro forma revenue for 2018 was approximately EUR 3.8 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com