YIT Corporation announced on 11 June 2024 its decision to issue EUR 100 million green floating rate senior secured notes. The New Notes mature on 18 June 2027 and they carry a margin of 7,50 per cent per annum over 3 months Euribor. The issue price of the New Notes is 100%.

The Finnish Financial Supervisory Authority has approved the listing prospectus of the New Notes. YIT has submitted an application for the New Notes to be admitted to trading on the list of sustainable bonds of Nasdaq Helsinki Ltd. Trading on the New Notes is expected to commence on or about 20 June 2024, under the trading code YITJVAIH27. Furthermore, YIT announces that the effective date under the notice of written procedure dated 3 June 2024 concerning the written procedure for YIT?s EUR 100,000,000 senior green fixed rate notes due 2026 (ISIN: FI4000496302) (?2026 Notes?) has occurred, and the requested amendments to the terms and conditions of the 2026 Notes that were approved in the written procedure have become effective 18 June 2024.

In accordance with the notice of written procedure, YIT shall pay each holder of the 2026 Notes registered on 26 June 2024 as direct registered owner or nominee on the list of holders of the 2026 Notes maintained by Euroclear Finland Oy a consent fee (the ?Consent Fee?) in an amount equal to 0.30 per cent of the nominal amount of each 2026 Note and, in addition to the Consent Fee, an early bird consent fee (?Early Bird Consent Fee?) to each relevant holder of the 2026 Notes in an amount equal to 0.20 per cent of the nominal amount of all 2026 Notes voted by such noteholder for which a valid voting instruction was submitted to Intertrust (Finland) Oy acting as the agent for the holders? of the 2026 Notes prior to 15:00 (Finnish time) on 10 June 2024. The payment of the Consent Fee and the Early Bird Consent Fee shall be made on 27 June 2024 at the latest.

Danske Bank A/S, Nordea Bank Abp and OP Corporate Bank plc act as Global Coordinators and Joint Bookrunners and Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) act as Joint Bookrunners for the issue of the New Notes.