Municipality Finance issues a GBP 50 million tap under its MTN programme

Core Viewpoint - Municipality Finance Plc has issued a new tranche of GBP 50 million under its Medium Term Note (MTN) programme, increasing the total benchmark amount to GBP 550 million, with a fixed interest rate of 4.375% per annum and a maturity date of 2 October 2028 [1][2]. Group 1 - The new tranche is part of MuniFin's EUR 50 billion programme for issuing debt instruments, with relevant documents available on the company's website [2]. - The new tranche is set to be admitted for trading on the Helsinki Stock Exchange, with public trading expected to commence on 6 May 2025 [3]. - UBS Europe SE is acting as the Dealer for the issuance of the new tranche [3]. Group 2 - MuniFin is one of Finland's largest credit institutions, with a balance sheet exceeding EUR 53 billion, and its owners include Finnish municipalities, the public sector pension fund Keva, and the State of Finland [3]. - The company focuses on environmentally and socially responsible investments, lending to municipalities and related entities for projects such as public transportation, sustainable buildings, and healthcare facilities [4]. - MuniFin operates in a global business environment and is recognized as the first Finnish issuer of green and social bonds, with funding guaranteed by the Municipal Guarantee Board [5].