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MuniFin launches NOK 2 billion fixed-rate note issue

Published 05/06/2025, 08:04
MuniFin launches NOK 2 billion fixed-rate note issue
DNB
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HELSINKI - Municipality Finance Plc (MuniFin) has announced the issuance of NOK 2 billion notes under its Medium-Term Note (MTN) programme. The notes, bearing a fixed interest rate of 4.125% per annum, are scheduled to be issued on Monday and have a maturity date set for January 6, 2031.

The issuance is part of MuniFin’s extensive EUR 50 billion debt instrument program. In line with the company’s commitment to transparency, the offering circular, supplemental offering circular, and the final terms of the notes are made available to the public in English on MuniFin’s website.

MuniFin has taken steps to list the notes on the Helsinki Stock Exchange, operated by Nasdaq Helsinki, with trading expected to commence on the issue date. DNB Bank ASA is acting as the dealer for this issuance.

As a significant credit institution in Finland, MuniFin’s balance sheet exceeds EUR 53 billion. The company is owned by Finnish municipalities, the public sector pension fund Keva, and the State of Finland. MuniFin’s mission is to support environmentally and socially responsible investments, funding projects such as public transportation, sustainable building, and healthcare facilities across Finland.

The company has a global presence in the capital markets and is recognized as the first Finnish issuer of green and social bonds. All funding obtained by MuniFin is fully guaranteed by the Municipal Guarantee Board.

This press release serves as an announcement and does not constitute an offer to sell or a solicitation of an offer to buy any securities. The notes will not be registered under the U.S. Securities Act of 1933 and are not intended for distribution in the United States or to U.S. persons, unless such distribution complies with applicable exemptions from registration requirements.

The information provided is based on a press release statement from 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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