Debt investors

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Debt investors

Treasury policy

One of the key objectives of YIT's treasury policy is to ensure sufficient financing for its operations and the actions required to reach its strategic targets. The aim is to provide access to financing on competitive terms while minimising the net financing expenses, to execute financial risk management  and to ensure sufficient diversification of funding sources.

Read more about YIT's financial risk management

Debt structure

Green Finance Framework

YIT has established a Green Finance Framework to support investments promoting the transition towards a low-carbon circular economy. The Green Finance Framework will enable YIT to issue green bonds and other green financial instruments to finance projects with environmental benefits. The Framework will be one of the tools to support YIT to reach its climate and sustainability targets.

 
Green Finance Framework (April 2024)   Green Finance Framework (March 2021)
 
Second party opinion - Sustainalytics (April 2024)
  Second party opinion - CICERO (March 2021)
 
Green Finance Framework 2024 Impact Report 2024   Green Finance Framework 2021 Impact Report 2024
   
Independent practitioner´s limited assurance report 2024 - EY    

 

Previous Green Finance Framework reports

Bonds

Type Maturity Initial amount
Issue date Annual coupon rate ISIN

Senior secured green notes*

15 Jan 2026  

100 M€ 31 Mar 2021  3.250%  FI4000496302
Green capital securities No maturity date (Reset Date 31 Mar 2026) 100 M€ 31 Mar 2021 5.750% until Reset Date** FI4000496310
Senior unsecured convertible notes*** 19 Mar 2029 36 M€ 19 Mar 2024 8.000% FI4000570262
Senior secured green notes 18 Jun 2027 100 M€ 18 Jun 2024 3m Euribor + 7.500% FI4000571278
Senior secured green notes 20 Mar 2028 120 M€ 20 Mar 2025 3m Euribor + 4.750% FI4000586383

*Outstanding amount of the notes after 20 Mar 2025 is approximately 9 M€
**Capital securities bear a fixed coupon interest of 5.750 per cent per annum until 31 Mar 2026 (the Reset Date) and, from the Reset Date, a floating interest rate as defined in the terms and conditions of the capital securities.
***The initial conversion price of the convertible notes is set at EUR 2.25 per share. 

On 25 March 2021, YIT announced (stock exchange release) the issuance of senior unsecured green notes of EUR 100 million with maturity date in March 2024 and senior unsecured green notes of EUR 100 million with maturity date in 2026, and EUR 100 million green capital securities.

In addition, on 18 June 2024 YIT announced (stock exchange release), that the amendments to the terms and conditions of the 2026 senior green notes (ISIN: FI4000496302) that were approved in the written procedure have become effective on 18 June 2024.

As YIT announced on 17 March 2025 (stock exhange release), on 20 March 2025 the company purchased back a nominal amount of EUR 91,006,000 of its EUR 100 million 2026 senior green notes (ISIN: FI4000496302).

REGISTRATION DOCUMENT
SECURITIES NOTE - SENIOR UNSECURED GREEN NOTES 2026
SECURITIES NOTE - GREEN CAPITAL SECURITIES 2026
AMENDED TERMS AND CONDITIONS FOR THE 2026 SENIOR GREEN NOTES THAT HAVE BECOME EFFECTIVE ON 18 JUNE 2024

Security agent agreement

 
On 12 March 2024, YIT announced (stock exchange release) as part of the substantial financing arrangement the issuance of senior unsecured convertible notes of EUR 36 million with maturity date on 19 March 2029.

PHYSICAL SETTLEMENT NOTICE TO HOLDERS OF CONVERTIBLE NOTES

On 11 June 2024, YIT announced (stock exchange release), the issuance of senior secured green notes of EUR 100 million with maturity date in June 2027.

LISTING PROSPECTUS – SENIOR SECURED GREEN NOTES 2027

YIT announced on 13 March 2025 (stock exchange release) that it issues EUR 120 million green senior secured notes with a maturity date on March 2028.

LISTING PROSPECTUS - SENIOR SECURED GREEN NOTES 2028

Commercial paper programme

YIT Corporation has a domestic EUR 400 million commercial paper programme. Dealers: Aktia, Danske Bank, Nordea, OP, SEB, Svenska Handelsbanken and Swedbank.

 

Releases

Stock exchange releases concerning financial transactions and agreements can be found in the Media section.