Municipality Finance issues NOK 2.5 billion notes under its MTN program

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Further information: MUNICIPALITY FINANCE PLC Joakim HolmströmExecutive Vice President, Capital Markets and Sustainabilitytel. +358 50 444 3638

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 11 January 2022. The notes are issued under MuniFin’s EUR 40 billion programme for the issuance of debt instruments. The offering circular and the supplemental offering circular are available in English on the company’s website at www.munifin.fi/investor-relations.

Danske Bank acts as the Dealer for the issue of the notes. Municipality Finance Plc issues NOK 2.5 billion notes on 11 January 2022. The maturity of the notes is 5 years and the maturity date is 11 January 2027. The notes bear interest at a floating rate equal to 3-month Nibor plus 1.50% per annum.

Story continues The Municipality Finance Group also includes the subsidiary company, Financial Advisory Services Inspira Ltd. MuniFin’s customers are domestic but the company operates in a completely global business environment. It 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.

MuniFin builds a better and more sustainable future with its customers. MuniFin’s customers are Finnish municipalities, municipal federations, municipally controlled entities and non-profit housing organisations. 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 (Municipality Finance Plc) is one of Finland’s largest credit institutions: the Group’s balance sheet totals close to EUR 46 billion. The company is owned by Finnish municipalities, the public sector pension fund Keva and the Republic of Finland.

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