Municipality Finance Issues EUR 100 Million Notes
In an exciting recent development, Municipality Finance Plc has announced the issuance of EUR 100 million notes as part of its ongoing Medium Term Note (MTN) programme. This financial move is a testament to their commitment to sustainable development and financial stability in a global context.
Details of the Note Issuance
The issuance of these notes took place on 3 December 2025, with an eye on contributing to long-term sustainability goals. A significant feature of these notes is their fixed interest rate of 3.537% per annum, providing investors with a stable return over time. The maturity date for these notes is set for 3 December 2040, allowing for a substantial investment timeframe.
Moreover, MuniFin maintains the right to redeem the notes early on 3 December 2027, offering potential flexibility for both the issuer and investors. This strategic move highlights MuniFin's innovative approach to financing and investment management.
Trading and Market Integration
MuniFin has applied for these notes to be listed on the Helsinki Stock Exchange, managed by Nasdaq Helsinki. Public trading is anticipated to commence on the same day as the issuance, thus allowing investors to engage with the notes promptly. Such a listing signifies MuniFin's active participation in capital markets and its efforts to maintain transparency and accessibility for investors.
Partnership with Barclays Bank
Barclays Bank Ireland PLC has stepped in as the dealer for this issuance. This collaboration is illustrative of the strong connections MuniFin fosters within the financial sector to enhance its offerings and broaden its investor base.
About Municipality Finance Plc
MuniFin stands as one of Finland's largest credit institutions, serving an essential role in advancing financial resources for local municipalities. The organization is primarily owned by Finnish municipalities, the public sector pension fund Keva, and the State of Finland, emphasizing its community-focused mission.
Building a Sustainable Future
The total balance sheet of MuniFin exceeds EUR 55 billion, a significant figure indicating their robust financial standing. The organization is dedicated to fostering a sustainable future with its clientele, which includes municipalities, joint municipal authorities, and various public-sector entities. Investments facilitated by MuniFin often focus on environmentally and socially responsible projects, such as public transportation systems, sustainable buildings, healthcare facilities, educational institutions, and housing for individuals with special needs.
Global Business Environment
While MuniFin primarily serves domestic customers, it operates within a global business environment, issuing bonds internationally and being recognized as Finland's first issuer of green and social bonds. Funding activities are secured by the Municipal Guarantee Board, ensuring credible backing for investors.
Contact Information
For further insights into MuniFin's operations and their recent notes issuance, interested parties can reach out to Joakim Holmström, Executive Vice President of Capital Markets and Sustainability, at +358 50 444 3638.
Frequently Asked Questions
What is Municipality Finance Plc's recent financial move?
Municipality Finance Plc issued EUR 100 million notes under its MTN programme on 3 December 2025.
What is the maturity date for these notes?
The maturity date for the issued notes is set for 3 December 2040.
What interest rate is associated with these notes?
The notes bear a fixed interest rate of 3.537% per annum.
Who is partnering with Municipality Finance in this issuance?
Barclays Bank Ireland PLC is acting as the dealer for the issuance of the notes.
Where will these notes be traded?
The notes have been applied for trading on the Helsinki Stock Exchange, expecting public trading to start on the issuance date.
