{"id":20022088,"date":"2025-05-05T10:00:00","date_gmt":"2025-05-05T07:00:00","guid":{"rendered":"https:\/\/www.kuntarahoitus.fi\/tiedotteet\/municipality-finance-issues-a-gbp-50-million-tap-under-its-mtn-programme-13"},"modified":"2025-05-05T10:00:00","modified_gmt":"2025-05-05T07:00:00","slug":"municipality-finance-issues-a-gbp-50-million-tap-under-its-mtn-programme-13","status":"publish","type":"bulletin","link":"https:\/\/www.kuntarahoitus.fi\/en\/tiedotteet\/municipality-finance-issues-a-gbp-50-million-tap-under-its-mtn-programme-13","title":{"rendered":"Municipality Finance issues a GBP 50 million tap under its MTN programme"},"content":{"rendered":"
Municipality Finance Plc
Stock exchange release
5 May 2025 at 10:00 am (EEST)<\/p>\n
Municipality Finance issues a GBP 50 million tap under its MTN programme <\/strong><\/p>\n On 6 May 2025 Municipality Finance Plc issues a new tranche in an amount of GBP 50 million to an existing benchmark issued on 7 March 2024. With the new tranche, the aggregate nominal amount of the benchmark is GBP 550 million. The maturity date of the benchmark is 2 October 2028. The benchmark bears interest at a fixed rate of 4.375 % per annum.<\/p>\n The new tranche is issued under MuniFin\u2019s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and final terms of the notes are available in English on the company’s website at https:\/\/www.kuntarahoitus.fi\/en\/for-investors<\/a>. <\/p>\n MuniFin has applied for the new tranche to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 6 May 2025. The existing notes in the series are admitted to trading on the Helsinki Stock Exchange.<\/p>\n UBS Europe SE acts as the Dealer for the issue of the new tranche.<\/p>\n MUNICIPALITY FINANCE PLC<\/p>\n Further information: <\/strong><\/p>\n Joakim Holmstr\u00f6m MuniFin (Municipality Finance Plc) is one of Finland\u2019s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland.<\/em> 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.<\/em><\/p>\n MuniFin\u2019s 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.<\/em><\/p>\n
Executive Vice President, Capital Markets and Sustainability
tel. +358 50\u00a0444 3638<\/p>\n
The Group\u2019s balance sheet is over EUR 53 billion.<\/em><\/p>\n