YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
STOCK EXCHANGE RELEASE FEBRUARY 10, 2012 AT 2:00 P.M.
YIT CORPORATION HAS AGREED TO ISSUE A EUR 50 MILLION BOND
YIT Corporation has agreed to issue, under the company's program for issuance of notes, a EUR 50 million bond targeted to domestic investors. The bond matures on August 18, 2014 and carries a floating coupon of 3 months Euribor + 1.75 per cent per annum.
YIT will apply for listing of the bond on the NASDAQ OMX Helsinki Ltd.
Danske Markets acts as the lead manager for the transaction.
For additional information, please contact:
Aapo Nikunen, Vice President, Group Treasurer, YIT Corporation, tel. +358 20 433 2307, aapo.nikunen@yit.fi
YIT CORPORATION
Hanna-Maria Heikkinen
Vice President, Investor Relations
Distribution: NASDAQ OMX, principal media, www.yitgroup.com
YIT celebrates its 100th anniversary in 2012. The company was established in the Grand Duchy of Finland in 1912. Today, YIT is a leading European service company in building systems, construction services and services for industry. Our 26,000 professionals serve customers in 14 countries in the Nordic and Baltic countries, Russia and Central Europe. We have grown together with our customers and developed our services in line with the changes taking place in different societies. We intend to continue on that track. Our vision is to lead the way in creating and maintaining good living environments. In 2011, YIT's revenue was approximately EUR 4.4 billion. YIT's shares are listed on NASDAQ OMX Helsinki. www.yitgroup.com