Municipality Finance Plc
Stock exchange release
1 November 2021 at 10:00 am (EET)
Municipality Finance issues a GBP 250 million green bond under its MTN programme
Municipality Finance Plc issues a GBP 250 million green bond on 2 November 2021. The maturity date is 16 December 2024. The green bond bears interest at a fixed rate of 0.875% per annum.
The green bond is issued under MuniFin’s EUR 40 billion programme for the issuance of debt instruments. The offering circular and the supplemental offering circular are available in English on the company's website at www.munifin.fi/investor-relations.
MuniFin has applied for the green bond to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 2 November 2021.
BofA Securities Europe SA, Nomura International plc and TD Global Finance unlimited company act as the Joint Lead Managers for the issue of the green bond.
MUNICIPALITY FINANCE PLC
Executive Vice President, Capital Markets and Sustainability
tel. +358 50 444 3638
MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions: the Group’s balance sheet totals close to EUR 46 billion. The company is owned by Finnish municipalities, the public sector pension fund Keva and the Republic of Finland.
MuniFin builds a better and more sustainable future with its customers. MuniFin’s customers are Finnish municipalities, municipal federations, municipally controlled entities and non-profit housing organisations. Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.
MuniFin’s customers are domestic but the company operates in a completely global business environment. It is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.
The Municipality Finance Group also includes the subsidiary company, Financial Advisory Services Inspira Ltd.
Read more: www.munifin.fi
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