Municipality Finance taps USD 25M under MTN programme

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Iran rejects U.S. war proposal, says no talks before conditions met Oil prices climb over 2% as Iran reviews US proposal to end war This is the hottest stock in the market because of its Claude exposure MU, WDC, SNDK fall: Why Google’s TurboQuant is rattling memory stocks (South Africa Philippines Nigeria) Municipality Finance taps USD 25M under MTN programme By Company News Published 03/26/2026, 04:33 AM Municipality Finance taps USD 25M under MTN programme 0 HELSINKI - Municipality Finance Plc issued a USD 25 million tap under its medium-term note programme on Friday, according to a press release statement. The new tranche adds to an existing benchmark bond originally issued on January 21, 2026, bringing the total aggregate nominal amount to USD 775 million. The benchmark matures on February 4, 2030, and carries a floating interest rate of Compounded SOFR plus 100 basis points per annum. The issuance falls under MuniFin’s EUR 50 billion programme for debt instruments. Banco Santander, S.A. acted as dealer for the new tranche. Municipality Finance applied for the benchmark to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki, with public trading expected to commence on Friday. The existing notes in the series are already admitted to trading on the exchange. Municipality Finance is one of Finland’s largest credit institutions with a balance sheet exceeding EUR 55 billion. The company’s owners include Finnish municipalities, public sector pension fund Keva, and the State of Finland. The company provides lending to municipalities, joint municipal authorities, wellbeing services counties, joint county authorities, related corporate entities, and affordable social housing projects. Its funding is guaranteed by the Municipal Guarantee Board. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.