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Caverion Corporation considers issuance of a hybrid bond

Caverion Corporation Stock exchange release June 5, 2017 at 16.45 p.m. EEST
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
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Caverion Corporation considers issuance of a hybrid bond

Caverion Corporation is considering the issuance of a hybrid bond. The potential
issue is expected to be launched in the near future subject to market
conditions. The targeted size of the issue is approximately EUR 80 million. The
hybrid bond issue would strengthen the company’s capital structure and financial
position.

In connection with the hybrid bond issuance, Caverion Corporation is planning to
restructure its existing loan facilities into one loan agreement. EUR 40 million
of the proceeds of the hybrid bond would be used to refinance certain existing
facilities and the remaining part of the proceeds would be used for general
corporate purposes.

A hybrid bond is an instrument which is subordinated to the company's other debt
obligations and which 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
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

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06054847.pdf