Municipality Finance issues a EUR 50 million tap under its MTN programme
Municipality Finance Plc
Stock exchange release
16 November 2023 at 10:00 am (EET)
Municipality Finance issues a EUR 50 million tap under its MTN programme
On 17 November 2023 Municipality Finance Plc issues a new tranche in an amount of EUR 50 million to an existing benchmark issued on 26 April 2023. With the new tranche, the aggregate nominal amount of the benchmark is EUR 1.05 billion. The maturity date of the benchmark is 29 July 2030. The benchmark bears interest at a fixed rate of 3.125% per annum.
The new tranche is issued under MuniFin’s EUR 45 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and final terms of the notes 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 maintained by Nasdaq Helsinki. The public trading is expected to commence on 17 November 2023. The existing notes in the series are admitted to trading on the Helsinki Stock Exchange.
Crédit Agricole Corporate and Investment Bank acts as the Dealer for the issue of the new tranche.
MUNICIPALITY FINANCE PLC
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 owners of the company include Finnish municipalities, the public sector pension fund Keva and the Republic of Finland. MuniFin Group also includes the subsidiary company, Financial Advisory Services Inspira Ltd. The Group’s balance sheet totals approximately EUR 48 billion.
MuniFin builds a better and more sustainable future with its customers. Our customers include municipalities, joint municipal authorities, wellbeing services counties, joint county authorities, corporate entities under the control of the above-mentioned organisations, and affordable social housing. 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: www.munifin.fi
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.
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
“GigaFarm” capable of replacing 1% of UAE food imports set for construction in Dubai Food Tech Valley6.12.2023 14:42:59 CET | Press release
DUBAI, United Arab Emirates, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Food Tech Valley has signed an agreement at COP28 with ReFarmTM to start construction on a 900,000 sq. ft. game-changing “GigaFarm”. The innovative waste-to-value farm will be capable of recycling more than 50,000 tonnes of food waste and growing two billion plants each year. ReFarmTM was established in the UAE by SSK Enterprise and Christof Global Impact (CGI) as a group of companies with focus on projects with circularity and clean technologies. The brand chose vertical farming technology developed by infrastructure supplier Intelligent Growth Solutions (IGS) and is set to start construction in mid-2024 at Dubai’s Food Tech Valley, a master development launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum and being led by major Dubai property developer, Wasl. ReFarmTM has engaged its lead bank to arrange support from UK Export Finance within the UK Government’s Department for Business & Trade. In a global first,
Wolters Kluwer confirms position as a top ESG software provider by being named a Leader in Enterprise Carbon Management software6.12.2023 14:32:27 CET | Press release
PRESS RELEASE Wolters Kluwer confirms position as a top ESG software provider by being named a Leader in Enterprise Carbon Management software Independent research firm recognizes Wolters Kluwer’s Enablon as a Leader in Carbon Management software, with high scores in key data management categories. New York – December 6, 2023 – Independent research firm, Verdantix, has named Wolters Kluwer a Leader in Enterprise Carbon Management software in its Green Quadrant: Enterprise Carbon Management Software 2023 report. This report provides a comprehensive, fact-based comparison of the 19 most prominent enterprise carbon management software vendors in the market. The analysis is based on the proprietary Verdantix Green Quadrant methodology, which incorporated two-hour live briefings, desktop research, and vendor responses to a 70-point questionnaire covering 12 capability and six market-momentum categories. Wolters Kluwer, through its Enablon Vision platform, achieved high scores in the followi
Disclosure of transactions in the shares of Gabriel Holding A/S by persons discharging managerial responsibilities and closely related parties6.12.2023 14:22:32 CET | Press release
In accordance with Article 19 of the Market Abuse Regulation, Gabriel Holding A/S publishes the following transaction. Attachment Gabriel Holding AS - Announcement no 11 2023 - Managers and closely related parties' transactions
Indberetning af ledende medarbejderes og disses nærtståendes transaktioner med Gabriel Holding A/S’ aktier6.12.2023 14:22:32 CET | pressemeddelelse
I henhold til Markedsmisbrugsforordningen art. 19 offentliggør Gabriel Holding A/S følgende transaktion. Vedhæftet fil Gabriel Holding AS - Meddelelse nr. 11 2023 - Ledende medarbejderes og disses nærtståendes transaktioner
Karolinska Development's portfolio company OssDsign expects fourth-quarter revenues to exceed market estimates6.12.2023 12:38:48 CET | Press release
STOCKHOLM, SWEDEN, December 6, 2023. Karolinska Development AB (Nasdaq Stockholm: KDEV) announces that the portfolio company OssDsign expects revenues for the fourth quarter of 2023 to exceed market expectations. Preliminary total revenues for the period October - November amount to SEK 25.2 million, mainly attributable to a continued strong market performance of the company's orthobiologic franchise and some extraordinary orders from a large hospital system. According to preliminary and unaudited data, sales of OssDsign Catalyst amounted to SEK 18.8 million during the period of October – November 2023, whereas OssDsign Cranial recorded sales of SEK 6.4 million. A complete financial statement for the fourth quarter will be presented in OssDsign’s year-end report for 2023, to be published on February 6, 2024. "OssDsign continues its strong growth journey, and we are confident that the company's new strategic direction to fully focus the business on its high-margin orthobiologic franchis