SRV Yhtiöt Oyj - Company Announcement

New EUR 100 million syndicated credit facility for SRV Group Plc

Espoo, Finland, 2012-06-18 13:35 CEST (GLOBE NEWSWIRE) -- SRV GROUP PLC   STOCK
EXCHANGE RELEASE    8.6.2012    at 14.35 

SRV Group Plc has signed a long-term binding EUR 100 million revolving credit
facility with a Nordic banking consortium. The mandated lead arrangers are
Danske Bank A/S, Nordea Bank Finland Plc, Pohjola Bank Plc, Svenska
Handelsbanken AB and Swedbank AB. Pohjola Bank Plc act's as a coordinator for
the arrangement and as an agent for the credit facility. 

“This is an indication of SRV's trusted reputation in an uncertain market. The
revolving credit facility secures the availability of working capital during a
period of strong growth for the company. All of SRV's key partner banks
participated in the loan and the total sum of the EUR 100 million facility was
oversubscribed. The banks' commitment to financing its customers is also an
indication both of the banks' strong financial position and their long-term
investment in developing their customer relationships,” says SRV CEO Jukka
Hienonen. 

The loan replaces a syndicated revolving credit facility signed in 2007. The
new credit facility has a maturity date of 31 December 2015. The terms of the
loan correspond to the terms of SRV's other loans and a financial covenant of
the loan is the equity ratio. 



SRV Group Plc

Taneli Hassinen
Vice President, Communications and Brand Management

Further information:

Hannu Linnoinen, Senior Executive Vice President, CFO, tel. +358 201 455 990