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Published on 10/26/2022 in the Prospect News Investment Grade Daily.

New Issue: Municipality Finance prices $150 million 5% notes due 2025 in multicurrency deal

By Mary-Katherine Stinson

Lexington, Ky., Oct. 26 – Municipality Finance plc (MuniFin) sold $150 million of 5% notes due Oct. 27, 2025, according to a notice.

The issuer will have the option of an early redemption on Oct. 27, 2023 and Oct. 27, 2024.

Natixis is the dealer.

The deal included RON 102.5 million notes, RON 103. million notes and a tap for €150 million of zero-coupon notes.

MuniFin is a Helsinki, Finland-based credit institution that provides funding for the public sector in Finland.

Issuer:Municipality Finance plc
Amount:$150 million
Issue:Notes
Maturity:Oct. 27, 2025
Dealer:Natixis
Coupon:5%
Call option:Optional early redemption by the issuer on 27 Oct. 27, 2023 and Oct. 27, 2024

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