Tripla Mall Ky has paid approximately 51 million euros as capital repayment and distributed profits to its silent partner YIT Housing Oy, enabled by refinancing.
YIT will use the received funds, as well as previously received capital repayments and distributed profits from Tripla Mall Ky, totaling approximately 57 million euros, for the partial repayment of YIT’s secured bank loan (approximately 50 million euros) and for the partial repayment and partial cancellation of YIT’s secured revolving credit facility (approximately 8 million euros).
The received capital repayment and distributed profits have no impact on YIT’s reported result.