BULLETIN
24 September, 2009 The Municipal Guarantee Board moves into new premises The Guarantor of Municipality Finance Plc’s funding – the Municipal Guarantee
Board (“MGB”) – moves into new premises in Helsinki September 25, 2009. MGB’s
new street address is Yrjönkatu 11 A 1, 00120 Helsinki. Otherwise MGB’s contact
details, telephone (+358 9 6227 2880) and fax numbers (+358 9 6227 2882) remain
the same. Municipality Finance Plc Further information:
Pekka Averio, CEO, Municipality Finance Plc,
+358 (0)500 406 856
Heikki Niemeläinen, CEO, the Municipal Guarantee Board,
+358 (0)40 589 8348 Municipality Finance Plc is a local government credit institution owned by
Finnish municipalities, the Local Government Pensions Institution and the
Government and is the parent company of the Municipal Finance Group.
Municipality Finance Plc specialises in the funding of housing production. The
company’s mission is to ensure top-value financial services for its clients, to
be efficient and to grow profitably. The Group’s balance sheet totalled EUR
13.9 billion on June 30, 2009. The company offers market-based funding to
municipalities and municipal federations, to municipality-controlled entities
and non-profit housing corporations. The company’s funding, which is guaranteed
by the Municipal Guarantee Board, is obtained from international capital
markets and domestic investors. Funding provided by the company goes into
social and non-profit service projects, such as schools, housing and hospitals.
The Group includes Financial Advisory Services Inspira Ltd, which offers
financial advisory services for investments, financial and asset arrangements,
asset management and various analysis services.
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