Municipality Finance issues GBP 10 million notes with 2029 maturity

Published 18/09/2025, 08:12
Municipality Finance issues GBP 10 million notes with 2029 maturity

HELSINKI - Municipality Finance Plc (MuniFin) announced it will issue GBP 10 million notes under its EUR 50 billion debt instruments programme on September 19, 2025.

The four-year notes will mature on September 19, 2029, and will bear interest at a floating rate equal to the 3-month SONIA Compounded Index plus 37 basis points per annum.

MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki, with public trading expected to commence on September 19, 2025.

RBC Capital Markets (Europe) GMBH is acting as the dealer for the note issuance.

The Finnish credit institution has made the offering circular, supplemental offering circular, and final terms of the notes available in English on its website.

MuniFin is among Finland’s largest credit institutions with a balance sheet exceeding EUR 55 billion. The company is owned by Finnish municipalities, the public sector pension fund Keva, and the State of Finland.

The company serves municipalities, joint municipal authorities, wellbeing services counties, and other public sector organizations. Its lending supports environmentally and socially responsible projects including public transportation, sustainable buildings, healthcare facilities, and affordable housing.

While MuniFin’s customers are domestic, the company operates globally in capital markets and was the first Finnish green and social bond issuer. The Municipal Guarantee Board exclusively guarantees the company’s funding.

The information was disclosed in a press release statement by Municipality Finance.

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