SRV announces results of its written procedures to amend terms of its senior unsecured notes due 2022 and 2023

SRV GROUP PLC    INSIDE INFORMATION    27 APRIL 2021     17:25 EET

SRV announces results of its written procedures to amend terms of its senior unsecured notes due 2022 and 2023

SRV Group Plc ("SRV") announced on 29 March 2021 written procedures in respect of its EUR 100,000,000 (of which EUR 62,096,000 is outstanding) senior unsecured callable fixed rate notes due 23 March 2022 (the "2022 Notes") and its EUR 75,000,000 senior unsecured callable fixed rate notes due 27 September 2023 (together with the 2022 Notes, the "Senior Notes") regarding potential amendments to the terms and conditions of the Senior Notes.

Today, SRV announces that the proposed amendments have been approved in the written procedures in respect of the Senior Notes.

Further information on the written procedures can be found in SRV's announcement of 29 March 2021 and the notices of written procedure attached to such announcement.

SRV has mandated Pareto Securities AB as financial advisor in the written procedures in respect of its Senior Notes.

 

For further information, please contact:
Jarkko Rantala, CFO, Tel. +358 40 674 1949, jarkko.rantala@srv.fi
Ville Takala, CEO , Pareto Securities Oy, Tel. +358 50 1745, ville.takala@paretosec.com

Distribution:
Nasdaq Helsinki
Media
www.srv.fi

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SRV in brief
SRV is a developer and innovator in the construction industry. Our objective is a new lifecycle-wise reality where solutions related to construction ensure well-being, financial value and the benefit of users, residents and environment – for years and generations to come. Our genuine cooperation and enthusiasm for our work comes across in every encounter. Sustainability is reflected in all our activities.

Our company, established in 1987, is listed on the Helsinki Stock Exchange. We operate in growth centres in Finland and Russia. In 2020, our revenue totalled EUR 975.5 million. In addition to about 1,000 SRV employees, we employ a network of around 4,200 subcontractors.

SRV - Building for life