HELSINKI – Municipality Finance Plc (MuniFin) has successfully completed the redemption of its EUR 12 million notes, leading to their removal from trading on the Nasdaq Helsinki. The redemption was initially announced on December 9, 2024, and was effected in full. Following the approval of MuniFin’s application by Nasdaq Helsinki, the notes’ last trading day was Monday, December 20, 2024.
MuniFin, a prominent credit institution in Finland, has a substantial balance sheet exceeding EUR 50 billion. The company’s ownership is shared among Finnish municipalities, the public sector pension fund Keva, and the Republic of Finland. MuniFin is recognized for supporting sustainable and environmentally friendly projects through its lending services. Its portfolio includes funding for public transportation, sustainable building projects, healthcare facilities, educational institutions, and housing for individuals with special needs.
The company has a significant presence in the international capital markets as a Finnish bond issuer and is noted for being the first in the country to issue green and social bonds. MuniFin’s funding is fully guaranteed by the Municipal Guarantee Board, ensuring a strong backing for its financial instruments.
Joakim Holmström, Executive Vice President of Capital Markets and Sustainability at MuniFin, is available for further information regarding the redemption and delisting of the notes.
The information regarding the redemption and delisting of the notes is based on a press release statement from Municipality Finance Plc. The press release also clarifies that the information contained therein should not be considered as an offer to sell or a solicitation of an offer to buy securities in any jurisdiction where such actions would be illegal, nor should it be taken as an offer of securities for sale in the United States. The notes in question have not been registered under the U.S. Securities Act of 1933 and were not offered or sold within the United States or to U.S. persons, adhering to the registration requirements of the Securities Act.
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