From this page you can find more information for debt investors
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.
Read more about YIT's financial risk management
YIT has established a Green Finance Framework to support investments promoting the transition towards a low-carbon circular economy. The Green Finance Framework will enable YIT to issue green bonds and other green financial instruments to finance projects with environmental benefits. The Framework will be one of the tools to support YIT to reach its climate and sustainability targets.
Type | Maturity | Initial amount |
Issue date | Annual coupon rate | ISIN |
Senior secured green notes |
15 Jan 2026 |
100 M€ | 31 Mar 2021 | 3.250% | FI4000496302 |
Green capital securities | No maturity date (Reset Date 31 Mar 2026) | 100 M€ | 31 Mar 2021 | 5.750% until Reset Date* | FI4000496310 |
Senior unsecured convertible notes** | 19 Mar 2029 | 36 M€ | 19 Mar 2024 | 8.000% | FI4000570262 |
Senior secured green notes | 18 Jun 2027 | 100 M€ | 18 Jun 2024 | 3m Euribor + 7.500% | FI4000571278 |
*Capital securities bear a fixed coupon interest of 5.750 per cent per annum until 31 Mar 2026 (the Reset Date) and, from the Reset Date, a floating interest rate as defined in the terms and conditions of the capital securities.
**The initial conversion price of the convertible notes is set at EUR 2.25 per share.
On 25 March 2021, YIT announced (stock exchange release) the issuance of senior unsecured green notes of EUR 100 million with maturity date in March 2024 and senior unsecured green notes of EUR 100 million with maturity date in 2026, and EUR 100 million green capital securities.
In addition, on 18 June 2024 YIT announced (stock exchange release), that the amendments to the terms and conditions of the 2026 senior green notes (ISIN: FI4000496302) that were approved in the written procedure have become effective on 18 June 2024.
On 12 March 2024, YIT announced (stock exchange release) as part of the substantial financing arrangement the issuance of senior unsecured convertible notes of EUR 36 million with maturity date on 19 March 2029.
PHYSICAL SETTLEMENT NOTICE TO HOLDERS OF CONVERTIBLE NOTES
On 11 June 2024, YIT announced (stock exchange release), the issuance of senior secured green notes of EUR 100 million with maturity date in June 2027.
YIT Corporation has a domestic EUR 400 million commercial paper programme. Dealers: Aktia, Danske Bank, Nordea, Pohjola, SEB, Svenska Handelsbanken and Swedbank.
Stock exchange releases concerning financial transactions and agreements can be found in the Media section.