By Marisa Wong
Los Angeles, April 3 – Municipality Finance plc priced $100 million of 4% senior notes due April 4, 2026 at par, according to a press release and term sheet.
The notes are guaranteed by the Municipal Guarantee Board.
Nordea Bank Abp acted as dealer for the non-syndicated offering.
The notes are being issued under MuniFin’s €45 billion debt instrument program.
MuniFin is a Helsinki, Finland-based credit institution that provides funding for the public sector in Finland.
| Issuer: | Municipality Finance plc
|
| Guarantor: | Municipal Guarantee Board
|
| Amount: | $100 million
|
| Issue: | Senior notes
|
| Maturity: | April 4, 2026
|
| Dealer: | Nordea Bank Abp
|
| Coupon: | 4%
|
| Price: | Par
|
| Yield: | 4%
|
| Call option: | No
|
| Put option: | No
|
| Trade date: | March 28
|
| Issue date: | April 4
|
| Listing: | Nasdaq Helsinki
|
| ISIN: | XS2607545303
|
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