Municipality Finance issues EUR 40 million zero coupon notes under its MTN programme

Core Viewpoint - Municipality Finance Plc is issuing EUR 40 million zero coupon notes under its EUR 50 billion debt issuance programme, with a maturity date of 23 June 2065 and an early redemption option on 23 June 2035 [1][2]. Group 1: Issuance Details - The zero coupon notes will be issued on 23 June 2025 and are expected to commence public trading on the Helsinki Stock Exchange on 24 June 2025 [1][2]. - Goldman Sachs Bank Europe SE is acting as the dealer for this issuance [2]. Group 2: Company Overview - Municipality Finance Plc is one of Finland's largest credit institutions, with a balance sheet exceeding EUR 53 billion [3]. - The company's ownership includes Finnish municipalities, the public sector pension fund Keva, and the State of Finland [3]. Group 3: Customer Base and Operations - MuniFin's customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities, and non-profit organizations [4]. - The company focuses on environmentally and socially responsible investments, funding projects such as public transportation, sustainable buildings, and healthcare facilities [4]. - Although MuniFin's customers are domestic, the company operates in a global business environment and is a prominent issuer in international capital markets [5].