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Municipality Finance issues a NOK 500 million social bond tap under its MTN programme
GlobeNewswire·2025-05-22 07:00

Group 1 - Municipality Finance Plc issued a new tranche of NOK 500 million under its existing social bond, increasing the total nominal amount to NOK 2.5 billion, with a maturity date of 20 February 2029 and a fixed interest rate of 4.00% per annum [1][2] - The new tranche is part of MuniFin's EUR 50 billion debt issuance program and is expected to commence public trading on the Helsinki Stock Exchange on 23 May 2025 [2][3] - 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][4] Group 2 - MuniFin focuses on environmentally and socially responsible investments, providing loans for projects such as public transportation, sustainable buildings, healthcare facilities, and affordable social housing [4] - The company operates in a global business environment while primarily serving domestic customers, and it is recognized as the first Finnish issuer of green and social bonds [5]