Core Points - Municipality Finance Plc issued a new tranche of EUR 175 million under its MTN programme, increasing the total benchmark amount to EUR 1.650 billion with a maturity date of 29 July 2030 and a fixed interest rate of 3.125% per annum [1][2][3] Group 1: Issuance Details - The new tranche is part of MuniFin's EUR 50 billion debt instrument issuance programme [2] - The public trading of the new tranche is expected to commence on 30 April 2025 on the Helsinki Stock Exchange [3] Group 2: Company Overview - MuniFin is one of Finland's largest credit institutions, with a balance sheet exceeding EUR 53 billion, owned by Finnish municipalities, the public sector pension fund Keva, and the State of Finland [4] - The company focuses on environmentally and socially responsible investments, serving municipalities, joint municipal authorities, and non-profit organizations [5] Group 3: Market Position - MuniFin is an active issuer in international capital markets and the first Finnish issuer of green and social bonds, with funding guaranteed by the Municipal Guarantee Board [6]
Municipality Finance issues a EUR 175 million tap under its MTN programme
Globenewswireยท2025-04-29 08:00