YIT has agreed on a new three-year term loan of EUR 50 million

YIT OYJ         Investor news                       November 18, 2019 at 2:45 P.M.

YIT has agreed on a new three-year term loan of EUR 50 million

YIT has agreed with OP Corporate Bank plc on a three-year term loan of EUR 50 million with maturity date in November 2022. The new loan prolongs and balances YIT’s maturity profile.

For further information, please contact:

Tiina Kuusisaari, Investor Relations Manager, +358 40 52 88 154, tiina.kuusisaari@yit.fi

Ilkka Salonen, Chief Financial Officer

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com 

YIT is the largest Finnish and a 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 restated pro forma revenue for 2018 was approximately EUR 3.2 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com