Municipality Finance Plc recently announced the redemption of its USD 150 million notes (XS2548900146), leading to the removal of these notes from trading on Nasdaq Helsinki. This decision was approved by Nasdaq Helsinki, and the last day of trading for these notes was on 28 October 2024.
Municipality Finance Plc, also known as MuniFin, is a significant credit institution in Finland, owned by Finnish municipalities, the public sector pension fund Keva, and the Republic of Finland. With a balance sheet exceeding EUR 50 billion, MuniFin serves a wide range of customers, including municipalities, joint municipal authorities, healthcare entities, and nonprofit organizations endorsed by the Housing Finance and Development Centre of Finland.
The company focuses on providing funding for socially and environmentally responsible projects such as public transportation, sustainable buildings, healthcare facilities, educational institutions, and special needs housing. While MuniFin’s customer base is primarily domestic, it actively participates in global financial markets as a Finnish bond issuer, particularly in green and social bonds. The company’s funding is backed by the Municipal Guarantee Board to ensure financial stability.
For further information, interested parties can contact Joakim Holmström, Executive Vice President of Capital Markets and Sustainability at MuniFin, via phone at +358 50 444 3638. Additional details about Municipality Finance Plc can be found on their website at www.kuntarahoitus.fi/en.
It’s important to note that the information provided does not constitute an offer to sell or solicit securities in any jurisdiction where it may be unlawful. The notes redeemed by MuniFin have not been registered under the U.S. Securities Act of 1933 or any state securities laws in the United States. Therefore, these notes cannot be offered or sold within the United States or to U.S. persons unless an exemption applies.
Overall, Municipality Finance Plc’s decision to redeem its notes reflects its commitment to financial stability and responsible investment practices. As a key player in Finland’s credit sector, MuniFin continues to support sustainable projects that benefit the community and the environment.