SRV announces results of its written procedure to amend terms of its senior unsecured notes due 2022
“The announced extension of the tenor of the Senior Notes and certain amendments to the terms and conditions will improve SRV's balance sheet position and available liquidity in response to the outbreak of possible unpredictable market disruption due to the coronavirus pandemic. These measures are a continuation of the company's previously announced recovery programme and will improve the repayment profile of our loan structure,” says Saku Sipola, President and CEO of SRV Group Plc.
Ilkka Pitkänen, CFO, Tel. +358 40 667 0906,
Carl-Johan Hugner, Head of Real Estate Investment Banking, Pareto Securities AB, Tel. +46 70 772 58 26, email@example.com
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SRV in brief
SRV is a bold developer and innovator in the construction industry. We want to offer the best customer experience as a constructor of urban city centres, while also being the most attractive employer in the industry. Our genuine cooperation and enthusiasm for our work comes across in every encounter. Sustainability is reflected in all our activities.
Established in 1987, we are a publicly listed company since 2007 in Helsinki Nasdaq stock exchange that operates in selected growth centres in Finland and Russia. Our revenue in 2019 was EUR 1,061 million. Over 1,000 people work for us and we employ a network of almost 4,000 subcontractors in our projects.
SRV – Building for life