YIT, a construction company, is planning to issue a new green secured bond worth EUR 100 million, maturing in 2027. The company intends to launch the bond in the near future, depending on market conditions, and use the proceeds to finance or refinance green projects or assets. This move will enable YIT to prepare for future debt repayments and extend the average maturity distribution of its debts.
The issuance of the new bonds is being coordinated by Danish bank Nordea, alongside OP Corporate Bank and Swedish banks Skandinaviska Enskilda Banken AB and Swedbank AB.
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