Municipality Finance issues EUR 50 million notes under its MTN programme
November 01 2023 - 3:00AM
Municipality Finance issues EUR 50 million notes under its MTN
programme
Municipality Finance PlcStock exchange release 1 November 2023
at 10:00 am (EET)
Municipality Finance issues EUR 50
million notes under its MTN programme
Municipality Finance Plc issues EUR 50 million
notes on 2 November 2023. The maturity date of the notes is 2
November 2043. MuniFin has a right, but no obligation, to redeem
the notes early on 2 November 2029. The notes bear interest at a
fixed rate of 4.287% per annum.
The notes are issued under MuniFin’s EUR 45 billion programme
for the issuance of debt instruments. The offering circular, the
supplemental offering circular and the final terms of the notes 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 maintained by Nasdaq
Helsinki. The public trading is expected to commence on 2 November
2023.
DekaBank Deutsche Girozentrale acts as the dealer for the issue
of the notes.
MUNICIPALITY FINANCE PLC
Further information:
Joakim HolmströmExecutive Vice President, Capital Markets and
Sustainabilitytel. +358 50 444 3638
MuniFin (Municipality Finance Plc) is one of Finland’s largest
credit institutions. The owners of the company include Finnish
municipalities, the public sector pension fund Keva and the
Republic of Finland. MuniFin Group also includes the subsidiary
company, Financial Advisory Services Inspira Ltd. The Group’s
balance sheet totals approximately EUR 48 billion.
MuniFin builds a better and more sustainable future with its
customers. Our customers include municipalities, joint municipal
authorities, wellbeing services counties, joint county authorities,
corporate entities under the control of the above-mentioned
organisations, and affordable social housing. Lending is used for
environmentally and socially responsible investment targets such as
public transportation, sustainable buildings, hospitals and
healthcare centres, schools and day care centres, and homes for
people with special needs.
MuniFin’s customers are domestic but the company operates in a
completely global business environment. The company is an active
Finnish bond issuer in international capital markets and the first
Finnish green and social bond issuer. The funding is exclusively
guaranteed by the Municipal Guarantee Board.
Read more: www.munifin.fi
Important Information
The information contained herein is not for release, publication
or distribution, in whole or in part, directly or indirectly, in or
into any such country or jurisdiction or otherwise in such
circumstances in which the release, publication or distribution
would be unlawful. The information contained herein does not
constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of, any securities or other financial
instruments in any jurisdiction in which such offer, solicitation
or sale would be unlawful prior to registration, exemption from
registration or qualification under the securities laws of any such
jurisdiction.
This communication does not constitute an offer of securities
for sale in the United States. The notes have not been and will not
be registered under the U.S. Securities Act of 1933, as amended
(the "Securities Act") or under the applicable securities laws of
any state of the United States and may not be offered or sold,
directly or indirectly, within the United States or to, or for the
account or benefit of, U.S. persons except pursuant to an
applicable exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act.
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