Municipality Finance Plc
Inventory trade 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 combination 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 Change maintained by Nasdaq Helsinki. The general public buying and selling is anticipated to start on 24 February 2021. The prevailing notes within the collection are admitted to buying and selling on the Helsinki Inventory Change.
Danske Financial institution A/S acts because the Supplier for the brand new tranche.
MUNICIPALITY FINANCE PLC
Government Vice President, Capital Markets and Sustainability
tel. +358 9 6803 5674
MuniFin (Municipality Finance Plc) is one among 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 according to the rules of duty 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 akin to public transportation, sustainable buildings, hospitals and healthcare centres, faculties and day care centres, and houses for individuals with particular wants.
MuniFin’s clients are home however the firm operates in a very international enterprise surroundings. 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 data contained herein will not be for launch, publication or distribution, in entire or partly, instantly or not directly, in or into any such nation or jurisdiction or in any other case in such circumstances through which the discharge, publication or distribution can be illegal. The data 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 through which such supply, solicitation or sale can 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 america. 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 america and will not be supplied or bought, instantly or not directly, inside america 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.