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Municipality Finance Plc
stock market release
June 23, 2021 at 9:00 AM (EET)
Municipal finances GBP 10 million notes under MTN program
Municipality Finance Plc will issue GBP 10 million on 24 June 2021. The maturity date is June 24, 2031 and the notes bear interest at a fixed rate of 1.00% per annum.
The notes are issued under MuniFin’s EUR 40 billion debt instrument issuance program. The Offering Circular is available in English on the Company’s website at www.munifin.fi/investor-relations.
MuniFin has applied for admission of the bonds to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. Public trading is expected to begin on June 24, 2021.
BofA Securities Europe SA is acting as Dealer for the issuance of the notes.
MUNICIPALITY OF FINANCE PLC
More information:
Joakim Holmstrm
Executive Vice President, Capital Markets and Sustainability
tel. +358 50444 3638
MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions: the company’s balance sheet stands at EUR 44 billion. The company is owned by Finnish municipalities, the public pension fund Keva and the Republic of Finland.
MuniFins’ mission is to build a better future in accordance with the principles of responsibility and in collaboration with its customers. MuniFins’ customers are Finnish municipalities, joint municipalities, municipality-controlled entities and non-profit housing associations. Lending is used for environmentally and socially responsible investment purposes such as public transportation, sustainable buildings, hospitals and care centers, schools and nurseries, and homes for people with special needs.
MuniFins’ customers are domestic customers, but the company operates in a completely global business environment. It is the most active Finnish bond issuer in the international capital markets and the first Finnish green and social bond issuer. The financing is exclusively guaranteed by the Municipal Guarantee Fund.
The Municipality Finance Group also includes its subsidiary Financial Advisory Services Inspira Ltd.
Read more: www.munifin.fi
Important information
The information contained herein is not intended for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in circumstances where the release, publication or distribution would be unlawful. The information in this document does not constitute an offer to sell or a solicitation of an offer to purchase, nor will there be any sale of, all securities or other financial instruments in any jurisdiction where such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of such jurisdiction.
This announcement does not constitute an offer of securities for sale in the United States. The notes haand have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, United States persons, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
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