One of the key objectives of YIT's treasury policy is to ensure sufficient financing for its operations and the actions required to reach its strategic targets. The aim is to provide access to financing on competitive terms while minimising the net financing expenses, to execute financial risk management and to ensure sufficient diversification of funding sources.
Stock exchange releases concerning financial transactions and agreements can be found in the Media section.
Debt structure and maturity profile
Bonds and commercial papers
|Maturity||Initial amount||Issue date||Coupon||ISIN||Additional info|
|Jun 11, 2021||EUR 100,000,000||Jun 11, 2018||3.150%||FI4000330824||Stock exchange release|
|Jun 11, 2023||EUR 150,000,000||Jun 11, 2018||4.250%||FI4000330832||Stock exchange release|
On June 5, 2018, YIT announced the issuance of senior unsecured notes of EUR 100 million and EUR 150 million. The EUR 100 million Notes mature on June 11, 2021, bear a fixed coupon interest of 3.150 per cent per annum, payable semi-annually and have an issue price of 100 per cent. The EUR 150 million Notes mature on June 11, 2023, bear a fixed coupon interest of 4.250 per cent per annum, payable semi-annually and have an issue price of 100 per cent. The Notes are callable before the final maturity.
Commercial paper programme
YIT Corporation has a domestic EUR 400 million commercial paper programme.
Dealers: Aktia, Danske Bank, Nordea, Pohjola, SEB, Svenska Handelsbanken and Swedbank.