Municipality Finance notes delisted from Nasdaq Helsinki

Published 23/05/2025, 08:06
Municipality Finance notes delisted from Nasdaq Helsinki

HELSINKI - Municipality Finance Plc (MuniFin) has completed the redemption of its EUR 40 million notes, leading to their removal from trading on the Nasdaq Helsinki. The Finnish credit institution exercised its right to fully redeem the notes (XS2824749720) earlier this month, with the last trading day occurring on Sunday.

MuniFin, which counts Finnish municipalities, the public sector pension fund Keva, and the State of Finland among its owners, manages a balance sheet exceeding EUR 53 billion. The company focuses on financing investments that promote environmental and social responsibility. Its portfolio includes projects like public transportation, sustainable buildings, and social housing.

The company’s operations extend beyond domestic borders, actively issuing bonds in international capital markets. MuniFin has the distinction of being the first Finnish issuer of green and social bonds. Its funding is fully guaranteed by the Municipal Guarantee Board.

The delisting of the notes follows MuniFin’s announcement on May 8, 2025, regarding its intention to redeem the notes. Nasdaq Helsinki has since approved the request to cease trading of these financial instruments.

MuniFin’s role as a bond issuer places it at the heart of Finland’s efforts to support sustainable development through public investment. The organization’s withdrawal of these particular notes from trading marks a routine step in the management of its financial instruments.

The removal of the notes from trading does not affect MuniFin’s ongoing activities in the capital markets, nor does it alter its commitment to funding socially and environmentally oriented projects across Finland.

This financial update is based on information provided in a press release statement issued by Municipality Finance Plc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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