13.1.2012
First funding transaction of 2012 done in Norway

MuniFin issued its first transaction of the year, in the first week of January. The transaction, which was arranged by Nordea Bank, was a public floating rate note issued in Norway.  The size for the five year transaction was 1 billion Norwegian crowns (approx. 130 million euros), and it was sold to Norwegian institutional investors. “ We are happy to see that the confidence towards MuniFin, amongst the Norwegian investors, remains strong. At the same time we, once again, managed to further diversify our funding base”, says Joakim Holmström – Head of Funding at MuniFin.