One of the key tasks of SRV’s financing is, in accordance with the treasury policy, to ensure sufficient funds to achieve the operational business and strategic goals. In addition, the objective is to arrange financing as cost effectively as possible while minimising net financial costs, to safeguard sufficiently diverse sources of financing and to ensure effective management of financial risks.
Green Bond Framework
SRV has established a Green Bond Framework to support investments that promote the transition toward a carbon-neutral circular economy and to further integrate its sustainability goals into its financing. The purpose of the Green Bond Framework is to enable the issuance of green bonds to finance environmentally friendly projects. Green financing under this framework is one of the means to achieve SRV’s carbon neutrality targets for its operations.
Credit rating agency Moody’s has provided an independent external assessment of SRV’s Green Bond Framework, confirming its reliability, impact, and alignment with the International Capital Market Association (ICMA) principles for green bonds. Nordea and Swedbank acted as advisors in the preparation of the framework.
Green Bond Framework (pdf)
ESG questionnaire (pdf)
Second party opinion Moody’s (pdf)
EUR 22.5 million green capital securities
SRV Group Plc announced on 24 November 2025 that it will issue a new unsecured and subordinated capital securities of EUR 22.5 million. The capital securities has no specified maturity date, but SRV is entitled to redeem the capital securities at their nominal amount on the reset date of 1 December 2028 and on each interest payment date thereafter.
The capital securities bear a fixed interest rate of 10.00% per annum from the issue date to the reset date. From the reset date, the capital securities will bear a floating interest rate as defined in the terms and conditions of the capital securities.
An amount equivalent to the net proceeds from the issue of the capital securities will be used for financing or refinancing of eligible green projects in accordance with SRV's Green Bond Framework.
On 27 November 2025, SRV announced that the Finnish Financial Supervisory Authority has approved the listing prospectus of the capital securities.
| Type | ISIN | Maturity date | Original amount | Outstanding amount | Issue date | Annual coupon rate | Current terms and conditions |
|---|---|---|---|---|---|---|---|
| Hybrid loan | FI4000597992 | No maturity date (first reset date 1.12.2028) | 22,5 M€ | 22,5 M€ | 1.12.2025 | 10.0 %¹ | Current terms and conditions are included in the listing prospectus |
¹ The capital securities bear a fixed interest rate of 10.00% per annum from the issue date to 1.12.2028 (the reset date). From the reset date, the capital securities will bear a floating interest rate as defined in the terms and conditions of the capital securities.