Caverion Corporation issues a EUR 100 million hybrid bond. Due to excellent demand the issue size was increased from the original EUR 80 million to EUR 100 million. The coupon of the hybrid bond is 4.625 per cent per annum until June 16, 2020. The hybrid bond does not have a maturity date but the issuer is entitled to redeem the hybrid for the first time on June 16, 2020, and subsequently, on each coupon interest payment date. The hybrid bond will strengthen the capital structure and financial position of the company. EUR 40 million of the proceeds from the hybrid bond will be used to refinance existing bank loan facilities and the remaining part will be used for general corporate purposes.