Municipal Finance Plc
Municipal Finance Plc
stock exchange release
31 Aug 2023 at 10:00 AM (EEST)
municipal finance issues A usd 100 MArab Social bond under Its mtn program
Municipal Finance plc issues US$100 million Social Bond due 1 September 2023. The maturity date of the Social Bond is 1 September 2027. Social Bonds yield interest at a fixed rate of 4.680% per annum.
The social bond is issued as part of Munifin’s 45 billion euro program to issue debt instruments. The offer circular and the final terms of the Social Bond are available on the company’s website at www.munifin.fi/investor-relations in English.
Munifin has applied for a social bond to be accepted for trading on the Helsinki Stock Exchange operated by Nasdaq Helsinki. Public trading is expected to begin on 1 September 2023.
DNB Bank acts as dealer for the ASA Social Bond issuance.
Municipal Finance Plc
further information:
joachim holmstrom
Executive Vice President, Capital Markets and Stability
tel. +358 50 444 3638
Munifin (Municipal Finance plc) is one of the largest credit institutions in Finland. owning to company iinclude Finnish municipalities, the public sector pension fund Keva and the Republic of Finland. Munifin Group also includes a subsidiary, Financial Advisory Services Inspira Limited. The Group’s balance sheet totals approximately 48 billion euros.
Munifin works with its customers to build a better and more sustainable future. Our clients include municipalities, combined municipal authorities, welfare service counties, combined county authorities, corporate entities under the control of the above organizations and affordable social housing. The loans are used to finance environmentally and socially responsible investment goals such as public transportation, sustainable buildings, hospitals and health care centers, schools and day care centers, and homes for people with special needs.
Munifin’s clients are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in the international capital market and the first Finnish green and social bond issuer. Funding is guaranteed exclusively by the Municipal Guarantee Board.
Read more: www.munifin.fi
important information
The information contained herein is not intended, in whole or in part, directly or indirectly, for release, publication or distribution in any country or jurisdiction or otherwise in such circumstances The release, publication or distribution of which would be illegal. The information contained herein does not constitute an offer to sell or a solicitation of an offer to buy, nor shall it constitute a sale, any securities or other financial instruments In any jurisdiction in which such offer, solicitation or sale prior to registration would be unlawful, 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. notes yesThey has not and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state in the United States of America and not offered or sold directly or indirectly May go. for the account or benefit of the United States or US persons, pursuant to applicable exemptions from the registration requirements of the Securities Act, or in any transaction not subject thereto.
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