The awarded EUR 1 billion green bond is the largest EUR green bond issued by MuniFin and the largest EUR green bond of all time in the Nordic SSA market. The transaction received a strong reception with final order books over 2-times oversubscribed. The bond was MuniFin’s inaugural transaction under its updated Green Bond Framework, dated August 2022.
CMD awarded its TopDeal accolade to MuniFin’s issuance due to its record-breaking size, strong investor demand, and the issuer’s unwavering commitment to sustainability. The bond issuance highlights MuniFin’s ability to tap into the growing interest in ESG investments and its dedication to financing projects that benefit the environment and society, CMD Portal states in its release.
“We are extremely happy to receive this recognition from CMD Portal and of course happy with the outcome of the green bond issuance. It is encouraging to see how the demand for sustainable bonds keeps on growing”, says Antti Kontio, Head of Funding and Sustainabilityat MuniFin.
A TopDeal is awarded to a deal that stands out by achieving excellent execution or one that pushes the boundaries of debt capital markets by being a first or reopening a market. At the end of each quarter CMD Portal awards six deals with the TopDeal accolade.
Finance for Finland’s green transition
MuniFin has offered its customers green finance for sustainable investments since 2016. Funding for green projects is sourced by issuing green bonds. For investors, MuniFin’s green bonds offer a way to finance positive impacts through carefully selected projects in buildings, transportation, renewable energy and water and wastewater management categories.
MuniFin issues a record-breaking EUR 1 billion green bond
Joakim Holmström – Executive Vice President, Capital Markets and Sustainability
+358 50 4443 638
Antti Kontio – Head of Funding and Sustainability
+358 50 3700 285
Karoliina Kajova – Senior Manager, Funding
+358 50 5767 707
Lari Toppinen – Analyst, Funding
+358 50 4079 300
Aaro Koski – Analyst, Funding
+358 45 138 7465