Caverion Oyj - Other information disclosed according to the rules of the Exchange

Caverion Corporation issues EUR 100 million hybrid bond

Caverion Corporation Stock exchange release June 9, 2017 at 17.00 p.m. EEST
Caverion Corporation issues EUR 100 million hybrid bond

Caverion Corporation issues a EUR 100 million hybrid bond. Due to excellent
demand the issue size was increased from the original EUR 80 million to EUR 100
million. The coupon of the hybrid bond is 4.625 per cent per annum until June
16, 2020. The hybrid bond does not have a maturity date but the issuer is
entitled to redeem the hybrid for the first time on June 16, 2020, and
subsequently, on each coupon interest payment date. The hybrid bond will
strengthen the capital structure and financial position of the company. EUR 40
million of the proceeds from the hybrid bond will be used to refinance existing
bank loan facilities and the remaining part will be used for general corporate
purposes.

“I am extremely pleased with the strong investor demand towards our hybrid bond.
The bond issue opened up a new funding channel for Caverion to the capital
markets. The transaction improves the capital structure and liquidity of the
company in the current turnaround phase of the company,” says Martti Ala
-Härkönen, Chief Financial Officer of Caverion.

A hybrid bond is an instrument which is subordinated to the company's other debt
obligations and is treated as equity in the IFRS financial statements. The
hybrid bond does not confer to its holders the rights of a shareholder and does
not dilute the holdings of the current shareholders.

Nordea Bank AB (publ), OP Corporate Bank plc and Skandinaviska Enskilda Banken
AB (publ) act as joint lead managers for the transaction. Castrén & Snellman
Attorneys Ltd acts as legal advisor to Caverion Corporation.

CAVERION CORPORATION

Distribution: Nasdaq Helsinki, key media, www.caverion.com

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SOUTH AFRICA, SINGAPORE OR
JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE
UNLAWFUL.
For further information, please contact: Martti Ala-Härkönen, Chief Financial
Officer, tel. +358 40 737 6633, martti.ala-harkonen@caverion.com
Caverion designs, builds, operates and maintains user-friendly and energy
-efficient technical solutions for buildings, industries and infrastructure. Our
services and solutions are used in commercial and residential buildings and on
industrial and public sector properties, as well as in processes, ensuring
business continuity, safety, healthy and pleasant surroundings, optimal
performance and cost management. Our vision is to be a leading European provider
of advanced and sustainable life cycle solutions for buildings and industries.
Our strengths include technological expertise and comprehensive services,
covering all technical disciplines throughout the entire life cycles of
properties and industrial plants. Our revenue in 2016 was approximately EUR 2.4
billion. Caverion has about 17,000 employees in 12 countries in Northern,
Central and Eastern Europe. Caverion’s shares are listed on Nasdaq
Helsinki. www.caverion.com (http://www.caverion.fi/), Twitter: @CaverionGroup

Attachments:

06098228.pdf