S&P revises Municipality Finance Plc's outlook to negative amid Finland's fiscal risks

S&P Global Ratings changed its outlook on Municipality Finance Plc (MuniFin) from stable to negative, while maintaining its AA+ long-term credit rating. This shift mirrors the negative outlook revision for the Republic of Finland, driven by concerns over low economic growth, aging population, and rising defense and interest costs. Despite the outlook change, MuniFin's short-term rating remains at the highest level, A-1+. MuniFin, backed by the Municipal Guarantee Board, supports sustainable public investments in Finland and operates globally in capital markets.