YIT has agreed on using the option for a one-year extension of its EUR 300 million committed revolving credit facility and extends the maturity of the contract to August 2021. In the revolving credit facility Nordea, Danske Bank, OP Corporate Bank, Handelsbanken, SEB and Swedbank act as lead arrangers and arrangers and LähiTapiola as arranger and Danske Bank as agent.
For further information, please contact:
Melina Lönnrot, Head of Treasury Risk Management, YIT Corporation, tel. +358 41 543 5943, email@example.com
Vice President, Investor Relations
Distribution: NASDAQ Helsinki, major media, www.yitgroup.com
YIT is the biggest construction company in Finland and a major player in Northern Europe. We construct and develop apartments, business premises and entire residential areas. Furthermore, we are specialists in infrastructure construction and paving. Together with our customers, our 10,000 professionals create increasingly functional, appealing and sustainable cities and living environments. We have operations in 11 countries: Finland, Russia, Scandinavian and Baltic countries, the Czech Republic, Slovakia and Poland. The new YIT was created by the merger of YIT Corporation and Lemminkäinen Corporation, both over 100 years old, on February 1, 2018. In 2017, our pro forma revenue amounted to over EUR 3.8 billion. YIT Corporation’s share is listed on Nasdaq Helsinki. www.yitgroup.com