Inside Information: YIT signs a EUR 140 million term loan and plans to redeem the bond maturing in spring 2024, the Board will not propose profit distribution to the AGM
YIT Corporation Inside Information 21 November 2023 at 12:15 p.m.Inside Information: YIT signs a EUR 140 million term loan and plans to redeem the bond maturing in spring 2024, the Board will not propose profit distribution to the AGM YIT Corporation (“YIT” or “Company”) has today signed a new EUR 140 million term loan facility agreement. The new loan will replace previous loans totaling EUR 150 million maturing in late 2023 and spring 2024. The new loan is secured and will mature in April 2025. The Board of Directors of YIT has assessed the industry’s business cycle, prevailing