We advised Caverion, as well as Nordea, OP and SEB as the joint lead managers, in Caverion’s EUR 100 million hybrid bond issue. 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 16 June 2020. The coupon of the hybrid bond is the lowest coupon ever in the Finnish hybrid bond market.