YIT Corporation issues new EUR 100 million green floating rate senior secured notes (the ?New Notes?). The maturity of the New Notes is three years and they mature on 18 June 2027. The New Notes carry a margin of 7.50% per annum over 3 months Euribor.

The issue price of the New Notes is 100%. The investor demand for the New Notes significantly exceeded the size of the offering, underlining the trust for the company among investors. The New Notes were allocated to a balanced mix of domestic and international investors.

The company will apply for a listing of the New Notes on Nasdaq Helsinki Ltd. The New Notes will be secured by transaction security granted by the company and certain group companies which currently also secures the existing EUR 300 million revolving credit facility and the existing EUR 140 million term loan facility of YIT, including, among other things, the shares in the main operating subsidiaries YIT Housing Oy, YIT Business Premises Oy and YIT Infra Oy. The net proceeds of the issue of the New Notes will be used for financing or refinancing eligible green projects or assets or otherwise in accordance with the company?s Green Finance Framework dated 30 April 2024.