Core Points - Municipality Finance Plc has issued GBP 10 million notes under its MTN programme, with a maturity date of 19 September 2029 and a floating interest rate of 3-month SONIA Compounded Index plus 37 basis points per annum [1][2] - The notes are part of MuniFin's EUR 50 billion programme for the issuance of debt instruments, with public trading expected to commence on 19 September 2025 on the Helsinki Stock Exchange [2] - RBC Capital Markets (Europe) GMBH is acting as the Dealer for the issuance of these notes [3] Company Overview - Municipality Finance Plc, known as MuniFin, is one of Finland's largest credit institutions, with a balance sheet exceeding EUR 55 billion [4] - The company's ownership includes Finnish municipalities, the public sector pension fund Keva, and the State of Finland [4] - MuniFin's customers consist of municipalities, joint municipal authorities, wellbeing services counties, and entities involved in affordable social housing, focusing on environmentally and socially responsible investments [5] Market Position - MuniFin operates in a global business environment while primarily serving domestic customers, and is recognized as an active Finnish bond issuer in international capital markets [6] - The company is noted for being the first Finnish issuer of green and social bonds, with funding guaranteed exclusively by the Municipal Guarantee Board [6]
Municipality Finance issues GBP 10 million notes under its MTN programme
Globenewswireยท2025-09-18 07:00