Hannes Snellman Counsel to YIT Oyj in Its Issue of EUR 120 million Green Senior Secured Notes and Tender Offer for Its Outstanding Notes

Hannes Snellman acted as counsel to YIT Oyj in its issue of EUR 120 million green senior secured notes due in 2028 and tender offer for its outstanding notes maturing in 2026. The strong interest from investors in the new issuance highlights the capital market’s continued confidence in YIT and the outlook for its business. The notes will be applied for listing on Nasdaq Helsinki Ltd.

YIT is the largest Finnish construction and development company, and it operates also in Baltic and Central Eastern European countries. YIT builds and develops sustainable living environments: functional and attractive homes, future-proof public and commercial buildings, infrastructure to support the green transition, as well as industrial, production, and energy facilities to support its customers’ processes. YIT employs approximately 4,100 professionals and its revenue in 2024 was EUR 1,820 million.

Hannes Snellman’s core advisory team comprised Partner Markus Bremer, Senior Associate Pauliina Sutinen and Associate Ruusa Jumppanen (Finance) and Partner Anniina Järvinen, Senior Associate Annemari Rosi, and Associate Sofi Lehtinen (Capital Markets), and Legal Assistant Melisa Göllü.