SRV Group Plc: SRV considers the issuance of new notes and announces a tender offer for its outstanding notes due December 2018

    SRV Group Plc: SRV considers the issuance of new notes and announces a tender offer for its
outstanding notes due December 2018

^
DGAP-News: SRV Group Plc / Schlagwort(e): Anleiheemission/Anleihe
SRV Group Plc: SRV considers the issuance of new notes and announces a
tender offer for its outstanding notes due December 2018

07.03.2018 / 15:53
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

---------------------------------------------------------------------------

SRV considers the issuance of new notes and announces a tender offer for its
outstanding notes due December 2018

SRV Group Oyj (SRV), a Finnish construction company engaged in housing and
business premises construction, has mandated OP Corporate Bank as
Coordinator, Swedbank as Joint Lead Manager and Bankhaus Scheich
Wertpapierspezialist AG as Co-Manager to arrange a series of fixed income
investor meetings. A EUR-denominated up to 75 million senior unsecured
capital markets transaction with an expected maturity of 4 years will
follow, subject to market conditions.

MiFID II professionals / ECPs / No PRIIPs KID - Manufacturer target market
(MIFID II product governance) is eligible counterparties and professional
clients (all distribution channels). No PRIIPs key information document
(KID) has been prepared as not deemed within scope.

***SRV Group Plc announces tender offer via OP Corporate Bank***

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY
OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG,
JAPAN, NEW ZEALAND, SOUTH AFRICA OR ANY OTHER COUNTRIES OR OTHERWISE IN SUCH
CIRCUMSTANCES IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL.

OP Corporate Bank plc (the "Offeror") invites today the holders of the EUR
75 million 5.000 percent notes due 18 December 2018 (ISIN: FI4000076617)
issued by SRV Group Plc (the "SRV")(the "Notes"), to tender their Notes for
cash on the terms and conditions set out in the tender offer memorandum
dated 7 March 2018 (the "Tender Offer").

The Offeror proposes to accept for purchase any and all Notes validly
tendered in the Tender Offer. The Offeror however reserves the right, in its
sole discretion, to decide on the acceptance for purchase of the Notes,
including not to accept any purchase of the Notes.

The purchase price of the Notes is EUR 1,037.73 per nominal amount of EUR
1,000.00. Accrued and unpaid interest will be paid in respect of all the
Notes validly tendered and delivered and accepted for purchase.

The offer period begins on 7 March 2018 and closes at 4:00 p.m. Finnish time
(EET) on 16 March 2018. The indicative tender offer results will be
announced on or about 19 March 2018, and the final tender offer results and
completion date will be announced as soon as feasible, but no later than 26
March 2018. The settlement date of the Tender Offer will in no case be later
than 3 April 2018, subject to the completion of the issue of the New Notes.

SRV is considering issuance of new euro-denominated fixed rate notes (the
"New Notes"). The issuance of New Notes may take place in the near future
subject to market conditions. The acceptance of the Tender Offer is subject
to, without limitation, the pricing of the issue of the New Notes and the
execution of an issuance agreement between the joint lead managers and SRV.

A noteholder that wishes to subscribe for New Notes in addition to tendering
Notes for cash pursuant to the Tender Offer may receive priority in the
allocation of the New Notes (the "New Issue Allocation"). The New Issue
Allocation may be given for an aggregate nominal amount of New Notes up to
the aggregate nominal amount of Notes subject to a noteholder's valid tender
instruction, where an allocation of the New Notes is also requested. Such
tender instruction must relate to a minimum of EUR 100,000 in aggregate
nominal amount of Notes and be in multiples of EUR 1,000 in aggregate
nominal amount of Notes thereafter in order to comply with the minimum
subscription amount of the New Notes. Any tender and new issue allocation
instruction that does not relate to a minimum of EUR 100,000 in aggregate
nominal amount of Notes will be deemed to be a tender only instruction and
no New Issue Allocation will be given in respect of such tender instruction.
The dealer manager will only provide an allocation code to a noteholder who,
in the sole discretion of the dealer manager belongs to the target market of
the New Notes (i.e., eligible counterparties and professional clients, each
as defined in Directive 2014/65/EU (as amended)).

OP Corporate Bank plc acts as offeror, dealer manager and tender agent for
the Tender Offer.

Information in respect of the Tender Offer may be obtained from OP Corporate
Bank plc:
email: [e-mail] / tel. [phone]

For further information, please contact:
Juha Pekka Ojala, President & CEO, SRV, tel. [phone],
[e-mail]
Ilkka Pitkänen, CFO, SRV, tel. [phone], [e-mail]
Päivi Kauhanen, Senior Vice President, Communications, SRV, tel. [phone]
9560, [e-mail]
www.srv.fi

Contact for Investor Relations (for Germany):
Aalto Capital GmbH, tel. [phone], [e-mail]


---------------------------------------------------------------------------

07.03.2018 Veröffentlichung einer Corporate News/Finanznachricht,
übermittelt durch DGAP - ein Service der EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten,
Corporate News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter http://www.dgap.de

---------------------------------------------------------------------------

661501 07.03.2018

°