Commentary & Deal Flow

Municipality Finance, (ticker: "KUNTA") rated Aa1/AA+ (Moody's/S&P), has mandated Danske Bank, DZ Bank, J.P. Morgan and SEB to joint lead manage its upcoming € benchmark, Reg S Registered, Green 5yr offering due 14-Sep-31.

The transaction will be launched in the near future, subject to market conditions.

• Use of Proceeds: The proceeds of the issue of the Notes will be used by the Issuer in accordance with the Municipal Guarantee Board Act, as amended. In addition, an amount equal to the proceeds of the issue of the Notes will be used and earmarked in accordance with the Issuer's Green Bond Framework dated Aug-25.
• Target Market: The manufacturer target market (UK MiFIR/MIFID II product governance) as assessed by the lead managers is eligible counterparties and professional investors (all distribution channels).
• Stabilisation: FCA/ICMA stabilisation
• Notes: The transaction marks a decade of Green Bond issuances by MuniFin, being active in this segment since 2016.