Municipality Finance Plc
Inventory alternate launch
23 February 2021 at 11:00 am (EET)
Municipality Finance points a NOK 500 million faucet beneath its MTN programme
On 24 February 2021 Municipality Finance Plc points a brand new tranche in an quantity of NOK 500 million to an current collection of notes initially issued on 2 September 2019. With the brand new tranche, the mixture notional quantity of the notes is NOK 1.5 billion. The maturity date of the notes is 2 September 2024. The notes bear curiosity at a hard and fast fee of 1.5% each year.
The notes are issued beneath MuniFin’s EUR 40 billion programme for the issuance of debt devices. The providing round and the supplemental providing round can be found in English on the corporate’s web site at https://www.munifin.fi/investor-relations/.
MuniFin has utilized for the brand new tranche to be admitted to buying and selling on the Helsinki Inventory Alternate maintained by Nasdaq Helsinki. The general public buying and selling is anticipated to begin on 24 February 2021. The present notes within the collection are admitted to buying and selling on the Helsinki Inventory Alternate.
Danske Financial institution A/S acts because the Seller for the brand new tranche.
MUNICIPALITY FINANCE PLC
Govt Vice President, Capital Markets and Sustainability
tel. +358 9 6803 5674
MuniFin (Municipality Finance Plc) is considered one of Finland’s largest credit score establishments: the corporate’s steadiness sheet totals EUR 44 billion. The corporate is owned by Finnish municipalities, the general public sector pension fund Keva and the Republic of Finland.
MuniFin’s mission is to construct a greater future consistent with the ideas of accountability and in cooperation with its clients. MuniFin’s clients are Finnish municipalities, municipal federations, municipally managed entities and non-profit housing organisations. Lending is used for environmentally and socially accountable funding targets similar to public transportation, sustainable buildings, hospitals and healthcare centres, colleges and day care centres, and houses for individuals with particular wants.
MuniFin’s clients are home however the firm operates in a totally international enterprise atmosphere. It’s the most energetic Finnish bond issuer in worldwide capital markets and the primary Finnish inexperienced and social bond issuer. The funding is completely assured by the Municipal Assure Board.
The Municipality Finance Group additionally consists of the subsidiary firm, Monetary Advisory Providers Inspira Ltd.
Learn extra: www.munifin.fi
The knowledge contained herein shouldn’t be for launch, publication or distribution, in complete or partially, instantly or not directly, in or into any such nation or jurisdiction or in any other case in such circumstances by which the discharge, publication or distribution could be illegal. The knowledge contained herein doesn’t represent a proposal to promote or the solicitation of a proposal to purchase, nor shall there be any sale of, any securities or different monetary devices in any jurisdiction by which such provide, solicitation or sale could be illegal previous to registration, exemption from registration or qualification beneath the securities legal guidelines of any such jurisdiction.
This communication doesn’t represent a proposal of securities on the market in the US. The notes haven’t been and won’t be registered beneath the U.S. Securities Act of 1933, as amended (the “Securities Act”) or beneath the relevant securities legal guidelines of any state of the US and will not be supplied or bought, instantly or not directly, inside the US or to, or for the account or advantage of, U.S. individuals besides pursuant to an relevant exemption from, or in a transaction not topic to, the registration necessities of the Securities Act.