{"id":20022061,"date":"2025-05-02T10:00:00","date_gmt":"2025-05-02T07:00:00","guid":{"rendered":"https:\/\/www.kuntarahoitus.fi\/tiedotteet\/municipality-finance-issues-sek-1-billion-tap-under-its-mtn-programme-2"},"modified":"2025-05-02T10:00:00","modified_gmt":"2025-05-02T07:00:00","slug":"municipality-finance-issues-sek-1-billion-tap-under-its-mtn-programme-2","status":"publish","type":"bulletin","link":"https:\/\/www.kuntarahoitus.fi\/en\/tiedotteet\/municipality-finance-issues-sek-1-billion-tap-under-its-mtn-programme-2","title":{"rendered":"Municipality Finance issues SEK 1 billion tap under its MTN programme"},"content":{"rendered":"
Municipality Finance Plc
Stock exchange release
2 May 2025 at 10:00 am (EEST)<\/p>\n
Municipality Finance issues SEK 1 billion tap under its MTN programme <\/strong><\/p>\n On 5 May 2025 Municipality Finance Plc issues a new tranche in an amount of SEK 1 billion to an existing series of notes issued on 21 February 2025. With the new tranche, the aggregate nominal amount of the notes is SEK 3.5 billion. The maturity date of the benchmark is 21 February 2028. The notes bear interest at a floating rate equal to 3-month Stibor plus 150 bps per annum.\u00a0<\/p>\n The notes are issued under MuniFin\u2019s EUR 50 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 https:\/\/www.kuntarahoitus.fi\/en\/for-investors<\/a>. <\/p>\n 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 5 May 2025. The existing notes in the series are admitted to trading on the Helsinki Stock Exchange.<\/p>\n Skandinaviska Enskilda Banken AB (publ) act as the Dealer for the issue of the notes. <\/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. The Group\u2019s balance sheet is over EUR 53 billion.<\/em><\/p>\n MuniFin\u2019s 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