YIT - Company Announcement

YIT issues a EUR 100 million bond

Helsinki, Finland, 2015-03-16 16:00 CET (GLOBE NEWSWIRE) -- YIT CORPORATION    
         STOCK EXCHANGE RELEASE                   MARCH 16, 2015 AT 5:00 P.M. 



YIT issues a EUR 100 million bond

YIT Corporation issues an unsecured EUR 100 million bond as a private placement
targeted to two domestic institutional investors. The bond matures on March 25,
2020, and carries a coupon of 6.25%. The bond has a call-option and a covenant,
according to which the equity ratio (IFRS) has to be at least 25.0%. 

”The repayment of long-term debt maturing in 2015 has now been secured with the
strong cash flow in the last quarter of 2014 and the proceeds from the bond
issue”, says Group Treasurer Jukka Kalliomäki. 

Danske Bank acts as the coordinator and together with Handelsbanken Capital
Markets as the lead manager for the transaction. 



For further information, please contact:

Sanna Kaje, Vice President, Investor Relations, YIT Corporation, +358 50 390
6750, sanna.kaje@yit.fi 
Jukka Kalliomäki, Group Treasurer, YIT Corporation, +358 50 313 3228,
jukka.kalliomaki@yit.fi 





YIT CORPORATION

Sanna Kaje
Vice President, Investor Relations



Distribution: NASDAQ OMX, Major media, www.yitgroup.com

YIT is a construction industry leader. We create better living environments in
Finland, Russia, the Baltic countries, the Czech Republic and Slovakia. Over
100 years of experience have secured us a strong market position: we are the
largest housing developer and one of the largest business premises and
infrastructure developers in Finland, and the most significant foreign housing
and area developer in Russia. Our vision is to stay one step ahead - while
taking care of our customers, partners and personnel. We have nearly 6,000
employees in seven countries. In 2014, our revenue amounted to around EUR 1.8
billion. Our share is listed on NASDAQ OMX Helsinki. www.yitgroup.com