Municipality Finance issues a GBP 250 million benchmark under its MTN programme
June 28 2024 - 3:00AM
UK Regulatory
Municipality Finance issues a GBP 250 million benchmark under its
MTN programme
Municipality Finance Plc
Stock exchange release
28 June 2024 at 10:00 am (EEST)
Municipality Finance issues a GBP 250
million benchmark under its MTN programme
Municipality Finance Plc issues GBP 250 million
benchmark on 1 July 2024. The maturity date of the benchmark is 9
January 2029. The benchmark bear interest at a fixed rate of 4.250%
per annum.
The benchmark is issued under MuniFin’s EUR 50 billion programme
for the issuance of debt instruments. The offering circular, the
supplemental offering circular and the final terms of the benchmark
are available in English on the company's website at
https://www.kuntarahoitus.fi/en/for-investors.
MuniFin has applied for the benchmark to be admitted to trading
on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The
public trading is expected to commence on 1 July 2024.
Barclays Bank Ireland PLC, Citigroup Global Markets Limited and
Nomura International Plc acts as the Joint Lead Managers for the
issue of the benchmark.
MUNICIPALITY FINANCE PLC
Further information:
Joakim Holmström
Executive Vice President, Capital Markets and Sustainability
tel. +358 50 444 3638
MuniFin (Municipality Finance Plc) is one of Finland’s
largest credit institutions. The company is owned by Finnish
municipalities, the public sector pension fund Keva and the
Republic of Finland.
The Group’s balance sheet totals close to EUR 50
billion.
MuniFin builds a better and more sustainable future with its
customers. MuniFin’s customers include municipalities, joint
municipal authorities, wellbeing services counties, corporate
entities under their control, and non-profit organisations
nominated by the Housing Finance and Development Centre of Finland
(ARA). Lending is used for environmentally and socially responsible
investment targets such as public transportation, sustainable
buildings, hospitals and healthcare centres, schools and day care
centres, and homes for people with special needs.
MuniFin’s customers are domestic but the company operates in
a completely global business environment. The company is an active
Finnish bond issuer in international capital markets and the first
Finnish green and social bond issuer. The funding is exclusively
guaranteed by the Municipal Guarantee Board.
Read more:
https://www.kuntarahoitus.fi/en/
Important Information
The information contained herein is not for release,
publication or distribution, in whole or in part, directly or
indirectly, in or into any such country or jurisdiction or
otherwise in such circumstances in which the release, publication
or distribution would be unlawful. The information contained herein
does not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of, any securities or
other financial instruments in any jurisdiction in which such
offer, solicitation or sale would be unlawful prior to
registration, exemption from registration or qualification under
the securities laws of any such jurisdiction.
This communication does not constitute an offer of
securities for sale in the United States. The notes have not been
and will not be registered under the U.S. Securities Act of 1933,
as amended (the "Securities Act") or under the applicable
securities laws of any state of the United States and may not be
offered or sold, directly or indirectly, within the United States
or to, or for the account or benefit of, U.S. persons except
pursuant to an applicable exemption from, or in a transaction not
subject to, the registration requirements of the Securities
Act.
Municplty 20 R (LSE:64EG)
Historical Stock Chart
From Jul 2024 to Aug 2024
Municplty 20 R (LSE:64EG)
Historical Stock Chart
From Aug 2023 to Aug 2024