YIT Oyj announces final tender offer results for its outstanding notes maturing in 2027
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YIT Corporation Stock Exchange Release 15 May 2026 at 11:30 a.m.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
This notice is made in respect of YIT Corporation’s (“YIT”) senior secured green floating rate notes due 18 June 2027 with an initial nominal amount of EUR 100 million (ISIN: FI4000571278) (the “Notes”).
YIT hereby gives a notice to the holders of the Notes (the “Noteholders”) that it will redeem all the outstanding Notes in accordance with Clause 8.3 (Clean-up Call Option) of the terms and conditions of the Notes.
YIT purchased and cancelled today, pursuant to the terms and conditions set out in the tender offer memorandum dated 4 May 2026, Notes amounting to an aggregate nominal amount of EUR 96,710,000 (the “Tender Offer”). The remaining outstanding aggregate nominal amount of the Notes after the completion of the Tender Offer is EUR 3,290,000, representing 3.29 per cent of the initial aggregate nominal amount of the Notes. YIT is thus entitled to redeem all of the outstanding Notes in accordance with Clause 8.3 (Clean-up Call Option) of the terms and conditions of the Notes.
The outstanding Notes will be redeemed in whole on 1 June 2026 (the “Redemption Date”) in accordance with the terms and conditions of the Notes. On the Redemption Date, YIT will pay to the Noteholders a redemption price per Note equal to 100 per cent of their nominal amount together with accrued but unpaid interest. Interest on the Notes to be redeemed accrues until, but excluding, the Redemption Date.
This notice of redemption is irrevocable. All the outstanding Notes redeemed by YIT will be cancelled.
Further information, please contact:
Markus Pietikäinen, CFO, interim, YIT Corporation, tel. +358 40 525 3024, markus.pietikainen@yit.fi
YIT CORPORATION
Distribution: Nasdaq Helsinki, major media, www.yitgroup.com
YIT builds thriving living environments in Europe. For more than 110 years, we have made everyday life smoother by building homes for a good life, spaces where people and businesses can thrive, and infrastructure that supports the essential functions of society. We operate in seven countries and employ approximately 4,100 professionals. In 2025, our revenue was EUR 1.8 billion. YIT Corporation’s shares are listed on Nasdaq Helsinki.
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