Municipal Tax Plc
Stock exchange release
March 24, 2022 at 9:00 AM (EET)
Municipal financial issues a GBP 3 one million tap Below This MTN program
March 25, 2022 Municipal Tax Plc issues a new installment amounting to 110 million GBP to the existing benchmark issued on March 17, 2021. With the new installment, the total benchmark volume is 1.295 billion GBP. The expiration date of the benchmark is 17 December 2025. The benchmark has a fixed interest rate of 0.375% per annum.
The new installment has been issued for the issuance of debt instruments under Monifin’s 40 40 billion program. The Offer Circular and the Additional Offer Circular are available in English on the company’s website at www.munifin.fi/investor-relations.
Monifen has asked for a new installment to be traded on the Helsinki Stock Exchange, which is maintained by Nasdaq Helsinki. Public business is expected to begin on March 25, 2022. The notes in the series have been accepted for trading on the Helsinki Stock Exchange.
NetWaste Market NV acts as the seller for the new installment issue.
Municipal Finance PLC
CEO, Capital Markets and Sustainability
Tel +358 50 444 3638
MuniFin (Municipal Finance Plc) is one of the largest credit institutions in Finland. The company is owned by the Municipality of Finland, the Public Sector Retirement Fund Kiva and the Republic of Finland. The Moni Fan Group also includes a subsidiary, Financial Consulting Services Inspira Limited. The group’s balance sheet is more than 46 billion euros.
MuniFin builds a better and more stable future with its customers. MuniFin’s clients are municipalities of Finland, municipal federations, municipality-controlled agencies and non-profit housing organizations. Lending is used for environmental and social responsibility investment purposes such as public transportation, hospitals and health care centers, schools and day care centers, and housing for people with special needs.
MuniFin’s customers are domestic but the company operates entirely in a global business environment. The company is an active exporter of Finnish bonds in international capital markets and the first Finnish green and social bond issuer. Funding is specifically guaranteed by the Municipal Guarantee Board.
read more: www.munifin.fi
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