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Finland-based Municipality Finance issues $1.25B bond

Finland-based Kuntarahoitus Oyj, or Municipality Finance PLC, issued international bonds totaling $1.25 billion, Cbonds reported.

The fixed-rate notes carry a 1.375% coupon and mature Sept. 12, 2022.

Barclays, BNP Paribas, JP Morgan and TD Securities acted as the book runners on the issuance.