Municipality Finance issues $30 million faucet under its

Municipality Finance Plc
Stock market press release
April 7, 2022 at 10:00 a.m. (EEST)

Municipal finance issues a $30 million faucet under his NTD Program

On April 8, 2022, Municipality Finance Plc issues a new tranche in the amount of USD 30 million on an existing series of bonds issued on July 15, 2021. With the new tranche, the total nominal amount of the bonds is USD 370 million. The maturity date of the Notes is July 15, 2026. The Notes bear interest at a variable rate equal to Sofr compounded plus 100 basis points per annum.

The bonds are issued under MuniFin’s €40 billion debt issuance program. The Offering Circular and Supplemental Offering Circular are available in English on the Company’s website at www.munifin.fi/investor-relations.

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 April 8, 2022. Existing notes in the series are admitted to trading on the Helsinki Stock Exchange.

Daiwa Capital Markets Europe Limited is acting 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 company is owned by Finnish municipalities, public sector pension fund Keva and the Republic of Finland. The MuniFin group also includes the subsidiary Financial Advisory Services Inspira Ltd. The group’s balance sheet amounts to more than 46 billion euros.

MuniFin is building a better and more sustainable future together with its customers. MuniFin’s customers are Finnish municipalities, municipal federations, municipally controlled entities and non-profit housing organizations. Loans are used for environmentally and socially responsible investment targets such as public transportation, 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. The company 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.

Read 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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