Municipality Finance issues 20 million euro banknotes and one GBP

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Municipality Finance Plc
Stock market press release
March 4, 2022 at 10:00 a.m. (EET)

Municipal finance issues 20 million euro banknotes and a 75 million pound tap as part of its MTN program

On March 7, 2022, Municipality Finance Plc is issuing €20m bonds and a new £75m tranche to an existing benchmark issued on March 17, 2021. The bonds are being issued under MuniFin’s €40 billion program for the issuance of debt instruments. The Offering Circular and Supplemental Offering Circular are available in English on the Company’s website at www.munifin.fi/investor-relations.

USD 20 million tickets

The maturity date of the bonds is March 7, 2032. MuniFin has the right but not the obligation to prepay the bonds on March 7, 2026 and every two years thereafter. The Notes bear interest at a fixed rate of 0.9325% per annum.

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 March 7, 2022.

Crédit Agricole CIB acts as Placement Agent for the bond issue.

GBP 75 million clicks to a referral

With the new tranche, the aggregate nominal amount of the benchmark is £1.185 billion. The maturity date of the benchmark index is December 17, 2025. The benchmark index bears interest at a fixed rate of 0.375% 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 March 7, 2022. Existing notes in the series are admitted to trading on the Helsinki Stock Exchange.

Bank of Montreal Europe plc is acting as broker for the issuance of the new tranche.

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 purposes such as public transit, hospitals and health centers, schools and daycares, residences 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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