Municipal Finance will issue £ 300 million in bonds
Municipal Finance Corporation
Stock Exchange Release
January 18, 2022 at 10:00 am (EET)
Municipal finance matters GBP 300 million notes below its MTN program
Municipal Finance Plc will issue GBP 300 million bonds on 19 January 2022. The loans mature on June 19, 2025 and bear a fixed annual interest rate of 1.125%.
The loans will be issued in Municipality Finance’s EUR 40 billion debt instrument issuance program. The listing item and the supplementary listing item are available in English on the company’s website at www.munifin.fi/investors.
Municipal Finance has applied for the bonds to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. Public trading is expected to begin on January 19, 2022.
HSBC Continental Europe, NatWest Markets NV and RBC Europe Limited will act as joint lead arrangers for the issuance of the bonds.
MUNICIPAL FINANCE LTD
More information:
Joakim Holmström
Executive Vice President, Capital Markets and Sustainability
tel. +358 50 444 3638
Municipal Finance is one of Finland’s largest credit institutions: the consolidated balance sheet total is almost EUR 46 billion. The company is owned by Finnish municipalities, the public sector pension fund Keva and the Republic of Finland.
Municipal Finance is building a better and more sustainable future with its customers. Municipal Finance’s customers are Finnish municipalities, associations of municipalities, municipally controlled entities and non-profit housing associations. The loan will be used for environmentally and socially responsible investment projects, such as public transport, sustainable buildings, hospitals and health centers, schools and kindergartens, and homes with special needs.
Municipality Finance’s customers are domestic, but the company operates in a fully global operating environment. It is an active Finnish issuer of bonds on the international capital markets and the first Finnish issuer of green and social bonds. Funding is guaranteed exclusively by the Municipal Guarantee Board.
The Municipal Finance Group also includes the subsidiary Talousneuvonta Inspira Oy.
Read more: www.munifin.fi
Important information
The information contained herein is not intended to be published, published or disseminated, in whole or in part, directly or indirectly in any country or country or jurisdiction or otherwise in circumstances where publication, publication or distribution would be illegal. The information contained herein is not an offer to sell or a solicitation of an offer to purchase and may not be sold securities or other financial instruments in any jurisdiction where such an offer, offer or sale would be illegal prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.
This announcement is not an offer to sell securities in the United States. The notes have is not registered or registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or the applicable securities laws of any U.S. state, and may not be offered or sold, directly or indirectly, to or on behalf of or for the benefit of the United States or the United States or in a transaction that is not subject to the registration requirements of the Securities Act.