Municipality Finance issues 11.5 million euros of bonds and a

Municipality Finance Plc
Stock market press release
January 31, 2022 at 10:00 a.m. (EET)

Municipal finance issues Notes of 11.5 million euros and a tap of 500 million NOK below his NTD Program

On February 1, 2022, Municipality Finance Plc issues bonds for €11.5 million and a new tranche in the amount of NOK 500 million for an existing series of bonds issued on January 13, 2021. The bonds are issued in as part of MuniFin’s €40 billion debt issuance program. implements. The Offering Circular and Supplemental Offering Circular are available in English on the Company’s website at www.munifin.fi/investor-relations.

11.5 million banknotes

The maturity date of the bonds is February 1, 2030. MuniFin has the right but not the obligation to prepay the bonds on February 1, 2023 and annually thereafter. The Coupon payable is 0% on the first interest payment date, after which the Coupon will increase annually by 0.25 percentage points, unless MuniFin redeems the Notes early.

MuniFin has applied for the Notes to be admitted to trading on the Helsinki Stock Exchange operated by Nasdaq Helsinki. Public trading is expected to begin on February 1, 2022.

Credit Suisse Bank (Europe) SA acts as Dealer for the issuance of the Notes.

NOK 500 million taps

With the new tranche, the total nominal amount of the notes is NOK 3 billion. The maturity date is January 13, 2026 and the bonds bear interest at a variable rate equal to 3 month Nibor plus 1.50% per annum.

MuniFin has applied for the new tranche to be admitted to trading on the Helsinki Stock Exchange operated by Nasdaq Helsinki. Public trading is expected to begin on February 1, 2022. Existing notes in the series are admitted to trading on the Helsinki Stock Exchange.

Nordea Bank Abp acts as broker for the issuance of the Notes.

MUNICIPAL FINANCING SARL

Further information :

Joakim Holmstrom
Executive Vice President, Capital Markets and Sustainability
Phone. +358 50 444 3638

MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions: the Group’s balance sheet amounts to nearly 46 billion euros. The company is owned by Finnish municipalities, public sector pension fund Keva and the Republic of Finland.

MuniFin is building a better and more sustainable future together with its customers. MuniFin customers are Finnish municipalities, municipal federations, municipally controlled entities and non-profit housing organisms. Loans are used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and health centers, schools and daycares, and homes for people with special needs.

MuniFin’s customers are national, but the company operates in a completely global trading environment. It is a Finnish issuer of bonds active in international capital markets and Finland’s leading issuer of green and social bonds. The financing is exclusively guaranteed by the Municipal Guarantee Commission.

The Municipality Finance group also includes the subsidiary Financial Advisory Services Inspira Ltd.

Find out more: www.munifin.fi

Important Information

The information contained herein is not intended for release, publication or distribution, in whole or in part, directly or indirectly, in or to any such country. or jurisdiction or otherwise in such circumstances in which the broadcast, 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, and there will be no sale of, any security or other financial instrument 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 such jurisdiction.

This communication does not constitute an offer of securities for sale in the United States. the Remarks HaI have not been 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 and cannot be offered or sold, directly or indirectly, in the United States or to, or on behalf of or for the benefit of U.S. Persons, except under an applicable exemption or in a transaction not subject to registration requirements of the Securities Act.

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