2015-06-12 08:00:00 CEST

2015-06-12 08:00:01 CEST


REGULATED INFORMATION

Finnish English
Lemminkäinen - Company Announcement

Lemminkäinen Corporation completes the tender offer of its outstanding hybrid bond issued on 30 March 2012


LEMMINKÄINEN CORPORATION    STOCK EXCHANGE RELEASE  12 JUNE 2015 AT 9.00 A.M.

LEMMINKÄINEN CORPORATION COMPLETES THE TENDER OFFER OF ITS OUTSTANDING HYBRID
BOND ISSUED ON 30 MARCH 2012 

Not for release, publication or distribution, directly or indirectly, in or
into the United States, Canada, Australia, Hong Kong, South Africa or Japan or
any other jurisdiction in which the distribution or release would be unlawful. 

Lemminkäinen Corporation has completed the partial repurchase of its hybrid
bond (ISIN: FI4000041322) issued on 30 March 2012. The company has agreed to
repurchase notes to a nominal amount of EUR 27.1 million in exchange for cash
which represents 38.7 per cent of the original EUR 70 million hybrid bond
issued in 2012. 

All tenders from noteholders have been accepted and will be executed according
to the terms and conditions of the tender offer. The repurchase price will be
104.625 per cent for the nominal amount plus the accrued interest until the
settlement date 17 June 2015. 

The repurchased notes will be annulled, after which EUR 42.9 million of the
hybrid bond issued in 2012 will remain outstanding. The company is entitled to
redeem it on 30 March 2016. 

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 Markets acted as the exclusive dealer manager and tender agent in the
tender offer. 

LEMMINKÄINEN CORPORATION
Corporate Communications



ADDITIONAL INFORMATION:
Ilkka Salonen, CFO
Tel. +358 2071 53304
ilkka.salonen@lemminkainen.com

Katri Sundström, Head of Investor Relations
Tel. +358 2071 54813
katri.sundstrom@lemminkainen.com



DISTRIBUTION:
NASDAQ OMX Helsinki
Key media
www.lemminkainen.com

Together with our customers we create conditions that make living, working and
travelling functional, safe and healthy. We operate in Northern Europe and
employ about 5,600 professionals. In 2014, our net sales were about EUR 2.0
billion. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic
Exchange Helsinki. www.lemminkainen.com