PHM Group Holding Oyj to redeem its outstanding notes due in 2026

28.3.2025 09:00:00 EET | PHM Group Holding Oyj |
Other information disclosed according to the rules of the Exchange

PHM GROUP HOLDING OYJ
STOCK EXCHANGE RELEASE 28 MARCH 2025 AT 9.00 A.M. EET

On 25 February 2025, PHM Group Holding Oyj (the “Company”) announced that it has successfully priced financing for its refinancing purposes. The refinancing is executed with a new Term Loan B facility complemented with a RCF.

On 22 April 2025 (the “Call Date”), the Company will redeem its outstanding senior secured floating rate (ISIN: FI4000541685, trading code: PHMGJVAIH26) and fixed rate (ISIN: FI4000507876, trading code: PHMGJ047526) notes due 2026 (the “Notes”) in full, in accordance with the terms and conditions of the Notes (the “Redemption”). The outstanding total amount of the Notes is EUR 640 million.

The notes with the ISIN FI4000541685 will be redeemed at a redemption price of 100.75 percent; and the notes with the ISIN FI4000507876 at a redemption price of 100.475 percent. In addition, any accrued and unpaid interest until the Call Date will be paid. The Company will apply for delisting of all of its redeemed notes from the official list maintained by Nasdaq Helsinki and from the Frankfurt Open Market.

The irrevocable notices for Redemption are attached to this release. The holders of the Notes are not required to take any action in respect of the Redemption.


For more information:

Ville Rantala, Group CEO, tel. +358 50 385 1442, ville.rantala@phmgroup.com

Petri Pellonmaa, Group CFO, tel. +358 40 568 3841, petri.pellonmaa@phmgroup.com


PHM Group Holding Oyj in brief

PHM Group is a property services group whose mission is to care about people by taking care of their surroundings. PHM Group consists of the best local companies in the industry with the same values and motivations: entrepreneurship and a fair and responsible way of working.

PHM Group employs over 13,500 property services professionals in Finland, Sweden, Norway, Denmark, Germany and Switzerland. The Group’s consolidated revenue amounted to EUR 1,128 million as of 31 December 2024. PHM Group is owned by the funds managed by Norvestor and the Intera fund together with the management of the local companies. Read more: phmgroup.com


Attachment – Redemption notices

Contacts

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