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Finland's Municipality Finance issues €1.5B

Finland-based Kuntarahoitus Oyj, or Municipality Finance PLC, issued international bonds totaling €1.5 billion, Cbonds reported.

The fixed-rate notes carry a zero percent coupon and mature Nov. 15, 2024.

Bank of America Merrill Lynch, Société Générale, Natixis and Danske Bank served as book runners on the issuance.