YIT extends the maturity of a EUR 50 million term loan by one year

YIT extends the maturity of a EUR 50 million term loan by one year

YIT has agreed with SEB on a one-year extension of its EUR 50 million term loan by utilizing one of the two one-year extension options. The new maturity date for facility is in March 2023. The extension of the loan maturity supports YIT’s existing strong liquidity position.

For further information:
Tommi Järvenpää, Vice President, Investor Relations, YIT Corporation, tel. +358 40 576 0288, tommi.jarvenpaa@yit.fi
Karo Nukarinen, Senior Vice President, Treasury, YIT Corporation, tel. +358 50 564 0920, karo.nukarinen@yit.fi

YIT Corporation

Tommi Järvenpää
Vice President, Investor Relations

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

YIT is the largest Finnish and a significant North European urban developer and construction company. Our goal is to create more sustainable, functional and attractive cities and living environments. We develop and build apartments, business premises and entire areas. We also specialise in demanding infrastructure construction. We own properties together with our partners, which supports the implementation of our significant development projects. We also provide our customers with services that increase the value of properties. We employ approximately 7,400 professionals in ten countries: Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2020 was approximately EUR 3.1 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com