YIT signs a EUR 200 million sustainability-linked revolving credit facility and an amendment and restatement to its existing term loan facility

YIT signs a EUR 200 million sustainability-linked revolving credit facility and an amendment and restatement to its existing term loan facility

YIT Corporation has today signed a new EUR 200 million sustainability-linked revolving credit facility agreement with its main lenders, for the purpose of refinancing YIT’s existing revolving credit facility, and an amendment and restatement agreement to YIT’s existing term loan facility agreement with a currently outstanding principal amount of EUR 30 million to align its key terms with the new revolving credit facility agreement.

Each of the facilities are secured by the existing shared security pool. The new revolving credit facility will mature in December 2028 with an option to extend the maturity to December 2029 and the existing term loan facility will mature in January 2027. The facility agreements include certain covenants as well as restrictions on distributions. The margin of the new revolving credit facility is impacted by, positively or negatively, the performance in regard to three sustainability targets which are measured with the following indicators: emission intensity of the Group’s own operations (CO₂e emissions per EUR millions of revenue) (Scope 1 and 2 GHG emissions), emission intensity of the Group’s value chain (CO₂e emissions per EUR millions of revenue) (Scope 3 GHG emissions) and lost time injury frequency rate (including partners).

Further information:

Markus Pietikäinen, CFO, interim, YIT Corporation, tel. +358 40 525 3024, markus.pietikainen@yit.fi

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

We build and develop sustainable living environments: functional and attractive homes, future-proof public and commercial buildings, infrastructure to support the green transition as well as industrial, production, and energy facilities to support our customers' processes. YIT's vision is to be the expert partner in developing sustainable homes, spaces, and cities - for a good life. There are approximately 4,100 professionals in our team and our revenue in 2024 was EUR 1.8 billion. YIT Corporation's shares are listed on Nasdaq Helsinki. 

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