Municipality Finance Plc to redeem its additional EUR 350,000,000 perpetual fixed rate resettable Tier 1 securities

Kuntarahoitus Oyj

Municipality Finance Plc
Stock market press release
February 24, 2022 at 9:00 a.m. (EET)

Municipal finances Plc to be redeemed its 350,000,000 EUR Additional Fixed Rate Resettable Perpetual Tier 1 Notes

Municipality Finance Plc (“MuniFin”) will redeem its EUR 350,000,000 of additional perpetual fixed rate resettable tier 1 notes (ISIN: XS1299724911) originally issued on 1 October 2015 (the “Notes”). The Securities have been listed on Euronext Dublin.

MuniFin will redeem all outstanding Notes on April 1, 2022 (the “Redemption Date”), which is the earliest date for redemption of the Notes in accordance with the terms and conditions thereof. The Notes will be redeemed at 100%. of the total nominal amount plus accrued and unpaid interest up to the redemption date excluded.

After the takeover, MuniFin’s capital ratios and leverage ratio remain well above minimum requirements.

This press release contains information which constituted or could have constituted inside information within the meaning of Article 7 of Regulation (EU) 596/2014.

MUNICIPAL FINANCING SARL

Further information :

Esa Kallio
President and CEO
Phone. +358 50 337 7953

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 targets such as public transportation, hospitals and health centers, schools and daycares, and homes 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 under any circumstances in which the release, publication or distribution would be illegal. 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 securities or other financial instruments in any jurisdiction in which such an 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 Notes 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 of the United States and may 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 the requirements of Securities Act registration.

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