Not for distribution,
directly or indirectly, in or into the United States or any
jurisdiction in which such distribution would be
unlawful.
Municipality Finance PLC
(Kuntarahoitus Oyj)
Post-stabilisation Period
Announcement
Nomura International Plc (contact: New Issue Syndicate on 0207-545-
4361) hereby gives notice, as Stabilisation
Coordinator, that the Stabilisation Manager(s) named below may
stabilise the offer of the following securities in accordance with
[Commission Delegated Regulation (EU) 2016/1052 under the Market
Abuse Regulation (EU/596/2014)] and [the UK FCA Stabilisation
Binding Technical Standards].
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Securities2
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Issuer:
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Municipality Finance PLC
(Kuntarahoitus Oyj)
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|
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Guarantor(s) (if any):
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NA
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Aggregate nominal amount:
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USD 1bn
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Description:
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USD 1bn Municipality Finance PLC
(Kuntarahoitus Oyj) Due on 09th Oct 2024.
Coupon:
3.625% payable Semi -
Annually.
Maturity: 09th Oct
2029.
ISIN:
US62628PAG19 / XS2914674408
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Offer price:
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99.557
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Other offer terms:
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Euroclear, Clearstream, DTC
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Stabilisation:
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Stabilisation
Manager(s):4
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BofA Securities Europe SA, Nomura,
Royal Bank of Canada, TD Securities.
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Stabilisation period expected to
start on:5
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02nd Oct
2024
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Stabilisation period expected to end
no later than:6
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11th Nov 2024
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Existence, maximum size and
conditions of use of over‑allotment
facility:8
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Maximum size of overallotment facility: 5% of
the aggregate nominal amount stated
above
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Stabilisation trading
venue(s):9
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TBD
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In connection with the offer of the
above securities, the Stabilisation Manager(s) may
over‑allot10 the securities or effect transactions with
a view to supporting the market price of the securities during the
stabilisation period at a level higher than that which might
otherwise prevail. However, stabilisation may not necessarily occur
and any stabilisation action, if begun, may cease at any time. Any
stabilisation action or over‑allotment shall be conducted in
accordance with all applicable laws and rules.
This announcement is for information
purposes only and does not constitute an invitation or offer to
underwrite, subscribe for or otherwise acquire or dispose of any
securities of the Issuer in any jurisdiction.
This announcement and the offer of
the securities to which it relates are only addressed to and
directed at persons outside the United Kingdom and persons in the
United Kingdom who have professional experience in matters related
to investments or who are high net worth persons within Article
12(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 and must not be acted on or relied on by
other persons in the United Kingdom12.
In addition, if and to the extent
that this announcement is communicated in, or the offer of the
securities to which it relates is made in, any EEA Member State
before the publication of a prospectus in relation to the
securities which has been approved by the competent authority in
that Member State in accordance with Regulation (EU) 2017/1129 (the
"(EEA Prospectus Regulation") (or which has
been approved by a competent authority in another Member State and
notified to the competent authority that Member State in accordance
with the EEA Prospectus Regulation), this announcement and the
offer are only addressed to and directed at persons in that Member
State who are qualified investors within the meaning of the EEA
Prospectus Regulation (or who are other persons to whom the offer
may lawfully be addressed) and must not be acted on or relied on by
other persons in that Member State.
This announcement is not an offer of
securities for sale into the United States. The securities have not
been, and will not be, registered under the United States
Securities Act of 1933 and may not be offered or sold in the United
States absent registration or an exemption from registration. There
will be no public offer of securities in the United
States.