Caverion Corporation issues EUR 35 million hybrid bond
Caverion Corporation Stock exchange release 7 May 2020 at 5:45 p.m. (EEST)Caverion Corporation issues EUR 35 million hybrid bond Caverion Corporation (“Caverion”) issues a EUR 35 million hybrid bond. The coupon of the hybrid bond is 6.75 percent per annum until 15 May 2023. The hybrid bond does not have a maturity date but the issuer is entitled to redeem the hybrid for the first time on 15 May 2023, and subsequently, on each interest payment date. The net proceeds of the issuance will be used to strengthen Caverion’s capital structure and for general corporate purposes. “I am pleased