Municipality Finance Plc

Municipality Finance issues a USD 1 billion benchmark under its MTN programme

Municipality Finance Plc
Stock exchange release
28 March 2025 at 9:00 am (EET)

Municipality Finance issues a USD 1 billion benchmark under its MTN programme

Municipality Finance Plc issues a USD 1 billion benchmark on 31 March 2025. The maturity date of the benchmark is 1 April 2030. The benchmark bears interest at a fixed rate of 4.250% per annum.

The benchmark is issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the benchmark are available in English on the company's website at https://www.kuntarahoitus.fi/en/for-investors.

MuniFin has applied for the benchmark to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 31 March 2025.

Bank of Montreal Europe plc, BNP Paribas, Deutsche Bank Aktiengesellschaft and Nomura International plc acts as the Joint Lead Managers for the issue of the benchmark.

MUNICIPALITY FINANCE PLC

Further information:

Joakim Holmström
Executive Vice President, Capital Markets and Sustainability
tel. +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 State of Finland.
The Group’s balance sheet is over EUR 53 billion.

MuniFin builds a better and more sustainable future with its customers. MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities under their control, and non-profit organisations nominated by the Housing Finance and Development Centre of Finland (ARA). 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: https://www.kuntarahoitus.fi/en/

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