Municipality Finance to redeem £100 million notes early
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Municipality Finance Plc (MuniFin) announced Thursday it will exercise its right to redeem in whole its £100 million notes (ISIN XS2902607527) on September 17, 2025, ahead of their scheduled maturity.
The notes, which are currently admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki, will be removed from trading following an application filed by MuniFin.
MuniFin is one of Finland’s largest credit institutions with a balance sheet totaling over €55 billion. The company is owned by Finnish municipalities, the public sector pension fund Keva, and the State of Finland.
The company serves municipalities, joint municipal authorities, wellbeing services counties, their controlled entities, and non-profit organizations nominated by Finland’s Housing Finance and Development Centre.
While MuniFin’s customer base is domestic, it operates globally in capital markets as a bond issuer. The company’s funding is guaranteed by the Municipal Guarantee Board.
The announcement was made in a press release statement issued by Municipality Finance.
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