Municipality Finance Successfully Issues EUR 15 Million Notes

Municipality Finance Issues EUR 15 Million Notes
Municipality Finance Plc has successfully issued EUR 15 million notes, demonstrating its commitment to maintaining financial stability and supporting sustainable investments. The issuance took place on a date set for later this year, with notes maturing in six years. These notes will offer a floating interest rate that tracks the 3-month EURIBOR, plus an additional basis point margin, ensuring a competitive return for investors.
Details of the MTN Programme
The recent notes were issued as part of Municipality Finance's extensive EUR 50 billion medium-term note (MTN) programme. This strategic initiative enables the company to efficiently raise capital to support its ongoing projects and community-focused programs. The final terms and offering details are accessible on their official website, where stakeholders can find pertinent information regarding the offering.
Future Trading on Helsinki Stock Exchange
MuniFin has taken the necessary steps to ensure these notes will be traded on the Helsinki Stock Exchange, which is managed by Nasdaq Helsinki. Public trading is anticipated to begin soon, allowing investors to actively participate in the MuniFin market and supporting the liquidity of these financial instruments.
Role of Bred Banque Populaire
In facilitating this issuance, Bred Banque Populaire has been appointed as the dealer. Their expertise in the capital markets plays a vital role in connecting investors with Municipality Finance and ensuring the successful distribution of the notes in the market.
Support for Sustainable Projects
Municipality Finance Plc not only focuses on capitalizing market opportunities but also on ensuring that their funding supports environmentally and socially responsible initiatives. The Group serves a diverse clientele, including municipalities, public organizations, and non-profit entities across Finland.
By financing a variety of projects such as public transportation, sustainable building initiatives, healthcare facilities, and educational institutions, MuniFin is actively contributing to a better future. These investments align with their vision of fostering sustainable community development and enhancing the quality of life for residents.
A Global Business Approach
Though rooted in the Finnish market, MuniFin operates in a global business landscape. The company is a notable participant in international capital markets, having made a name for itself as the first Finnish issuer of green and social bonds. This commitment not only underscores their dedication to sustainability but also enhances the company’s profile within the competitive environment of capital raising.
Further Information and Contacts
For inquiries regarding their latest issuance or to gain additional insights into their operations, individuals can reach out directly to Joakim Holmström, the Executive Vice President of Capital Markets and Sustainability, at +358 50 444 3638. As MuniFin continues to expand its role in financing critical projects, maintaining open communication with stakeholders remains a priority.
To sum up, Municipality Finance Plc is taking significant strides in the capital markets while ensuring that their funding structures align with broader sustainability goals. By carefully managing their issuance strategies and focusing on impactful investments, MuniFin is well-positioned to support sustainable development across Finnish communities.
Frequently Asked Questions
What is the purpose of the EUR 15 million notes issued by MuniFin?
The EUR 15 million notes are issued to raise capital for financing projects that support sustainable development and community projects.
What types of projects does MuniFin fund?
MuniFin primarily funds environmentally and socially responsible projects, including public transportation systems, healthcare facilities, and educational institutions.
Who is the dealer for the issue of the notes?
Bred Banque Populaire serves as the dealer for the issuance, facilitating the distribution and trading of the notes.
Where will the notes be traded?
The notes are set to be admitted for trading on the Helsinki Stock Exchange, enhancing their liquidity for investors.
Who can I contact for more information about the notes?
For further inquiries, you can contact Joakim Holmström, the Executive Vice President at Municipality Finance Plc.
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