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HELSINKI - Municipality Finance Plc (Kuntarahoitus Oyj) announced Thursday it will exercise its right to redeem early a £100 million bond (ISIN XS2902607527) on September 17, 2025.
The company has submitted an application to delist the bond from the Nasdaq Helsinki Stock Exchange, where it is currently publicly traded.
The bond is being redeemed in full, according to a press release statement from the Finnish financial institution.
Municipality Finance is one of Finland’s largest credit institutions with a balance sheet exceeding €55 billion. The company is owned by Finnish municipalities, Keva (Finland’s largest pension fund), and the Finnish state.
The company serves Finnish municipalities, joint municipal authorities, wellbeing services counties, their controlled entities, and state-subsidized housing production. It raises funds in international capital markets to finance projects including public transportation, sustainable construction, hospitals, healthcare centers, daycare facilities, schools, and special needs housing.
The funding raised by Municipality Finance is guaranteed by the Municipal Guarantee Board.
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