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YIT Oyj — Capital/Financing Update 2021
Jun 22, 2021
3249_rns_2021-06-22_5b1ab3a4-5d6e-4818-af80-6e5259e1b10b.html
Capital/Financing Update
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YIT extends the maturity of a EUR 50 million term loan by one year
YIT extends the maturity of a EUR 50 million term loan by one year
YIT Corporation Stock exchange release 22 June 2021 at 5:15 p.m.
YIT extends the maturity of a EUR 50 million term loan by one year
YIT has agreed with SEB on a one-year extension of its EUR 50 million term loan
by utilizing one of the two one-year extension options. The new maturity date
for facility is in March 2023. The extension of the loan maturity supports YIT’s
existing strong liquidity position.
For further information:
Tommi Järvenpää, Vice President, Investor Relations, YIT Corporation, tel. +358
40 576 0288, [email protected]
Karo Nukarinen, Senior Vice President, Treasury, YIT Corporation, tel. +358 50
564 0920, [email protected]
YIT Corporation
Tommi Järvenpää
Vice President, Investor Relations
Distribution: Nasdaq Helsinki, major media, www.yitgroup.com
YIT is the largest Finnish and a significant North European urban developer and
construction company. Our goal is to create more sustainable, functional and
attractive cities and living environments. We develop and build apartments,
business premises and entire areas. We also specialise in demanding
infrastructure construction. We own properties together with our partners, which
supports the implementation of our significant development projects. We also
provide our customers with services that increase the value of properties. We
employ approximately 7,400 professionals in ten countries: Finland, Russia,
Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and
Poland. Our revenue in 2020 was approximately EUR 3.1 billion. YIT Corporation's
share is listed on Nasdaq Helsinki Oy. www.yitgroup.com