MuniFin issues £50M in fixed-rate notes under €50B refinancing plan
Municipality Finance Plc (MuniFin) has issued GBP 50 million in notes under its long-term refinancing programme. The new debt instruments were launched on 12 March 2026 and will mature in July 2027. This latest move is part of the company's broader EUR 50 billion funding strategy, which has already raised billions in recent years.
The newly issued notes carry a fixed annual interest rate of 3.80%. They are set to mature on 5 July 2027, providing investors with a mid-term fixed-income option. Morgan Stanley & Co. International plc served as the Dealer for this transaction.
MuniFin has been active in refinancing, with around EUR 10 billion raised in 2025 alone. The total programme, established in 2020, also includes two EUR benchmark bonds worth a combined EUR 2.25 billion. In 2026, the company has already secured approximately EUR 3 billion across different currencies. The notes were issued under MuniFin's EUR 50 billion debt instrument programme. Offering documents are available in English on the company's official website. Trading for these notes is expected to begin on the Helsinki Stock Exchange on 12 March 2026, the same day as their issuance.
This issuance adds to MuniFin's ongoing refinancing efforts, which have seen substantial activity since 2020. The notes provide another funding source under the company's large-scale programme. Trading on the Helsinki Stock Exchange will offer investors access to these fixed-rate instruments.
