Municipality Finance issues EUR 40 million notes under its MTN programme

Core Points - Municipality Finance Plc has issued EUR 40 million notes with a maturity date of 14 May 2029, bearing interest at a floating rate of 3-month EURIBOR plus 22.5 basis points per annum [1][2] - The notes are part of MuniFin's EUR 50 billion debt issuance program and are expected to commence public trading on the Helsinki Stock Exchange on 12 May 2025 [2][3] - DNB Bank ASA is acting as the dealer for the issuance of these notes [3] Company Overview - Municipality Finance Plc is one of Finland's largest credit institutions, with a balance sheet exceeding EUR 53 billion, and is owned by Finnish municipalities, the public sector pension fund Keva, and the State of Finland [3] - MuniFin's customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities, and non-profit organizations, focusing on environmentally and socially responsible investments [4] - The company 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]