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Municipality Finance issues a EUR 100 million tap under its MTN programme
Globenewswireยท 2025-04-30 07:00
Group 1 - Municipality Finance Plc issued a new tranche of EUR 100 million under its MTN programme, increasing the total benchmark amount to EUR 1.350 billion, with a maturity date of 14 December 2029 and a fixed interest rate of 2.625% per annum [1][2] - The new tranche is part of MuniFin's EUR 50 billion programme for the issuance of debt instruments, with relevant documents available on the company's website [2] - The new tranche is expected to commence public trading on the Helsinki Stock Exchange on 2 May 2025, with Danske Bank A/S acting as the Dealer for this issuance [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, serving customers such as municipalities, joint municipal authorities, and non-profit organizations, funding projects like public transportation and sustainable buildings [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]