Municipality Finance issues 25 million euros of bonds as part of its
Municipality Finance Plc
Stock market press release
June 9, 2022 at 10:00 a.m. (EEST)
Municipal finance issues USD 25 mtrillion tickets under his NTD Program
Municipality Finance Plc issues €25 million bonds on June 10, 2022. The maturity date of the bonds is June 10, 2037. MuniFin has the right, but no obligation, to prepay the bonds on June 10, 2024. The bonds bear interest at a fixed rate. rate of 2.455% per annum.
The bonds are issued under MuniFin’s €45 billion debt issuance program. The offering circular and the final terms of the bonds are available in English on the company’s website at www.munifin.fi/investor-relations.
MuniFin has applied for the Notes to be admitted to trading on the Helsinki Stock Exchange operated by Nasdaq Helsinki. Public trading is expected to begin on June 10, 2022.
Crédit Agricole CIB acts as Placement Agent for the bond issue.
MUNICIPAL FINANCING SARL
Further information :
Executive Vice President, Capital Markets and Sustainability
Phone. +358 50 444 3638
MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The company is owned by Finnish municipalities, public sector pension fund Keva and the Republic of Finland. The MuniFin group also includes the subsidiary Financial Advisory Services Inspira Ltd. The group’s balance sheet amounts to more than 46 billion euros.
MuniFin is building a better and more sustainable future together with its customers. MuniFin’s customers are Finnish municipalities, municipal federations, municipally controlled entities and non-profit housing organizations. Loans are used for environmentally and socially responsible investment targets such as public transportation, hospitals and health centers, schools and daycares, and homes for people with special needs.
MuniFin’s customers are national, but the company operates in a completely global trading environment. The company is a Finnish issuer of bonds active in international capital markets and Finland’s leading issuer of green and social bonds. The financing is exclusively guaranteed by the Municipal Guarantee Commission.
Read more: www.munifin.fi
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