PHM Group Holding Oyj has successfully priced a new Term Loan B and RCF financing

PHM GROUP HOLDING OYJ
STOCK EXCHANGE RELEASE 25 FEBRUARY 2025 AT 11.55 EET 

On 12 February 2025, PHM Group Holding Oyj (the “Company”) announced that it was contemplating the refinancing of all its existing debt obligations, including its current outstanding notes maturing in 2026.

Today, the Company has successfully priced and allocated a new EUR 1 billion Term Loan B with a maturity of seven years. The Term Loan B bears a floating rate and has a margin of 3.50 per cent, subject to customary margin ratchet. The Term Loan B is complemented by a new EUR 150 million pari passu RCF with a maturity of six years.

The Company expects to announce an early redemption of its current outstanding notes by the end of April.

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