Nokia Siemens Networks Finance B.V. issues EUR 800 million Senior Notes and announces pricing
(Thomson Reuters ONE) -
Nokia Corporation
Stock exchange release
March 22, 2013 at 18.00 (CET+1)
Espoo, Finland - Nokia announced today that Nokia Siemens Networks Finance B.V.
(the "Issuer"), a wholly owned subsidiary of Nokia Siemens Networks B.V., is
issuing EUR 450 million Senior Notes due 2018 at a coupon of 6.75% per annum
(the "2018 Notes") and EUR 350 million Senior Notes due 2020 at a coupon of
7.125% per annum (the "2020 Notes" and, together with the 2018 Notes, the
"Notes"), each at an offering price of 100%. The offering was announced on March
18, 2013. The Notes amount to an aggregate total of EUR 800 million, which is an
increase from the originally planned amount of EUR 600 million. The Notes will
be guaranteed on a senior unsecured basis by Nokia Siemens Networks B.V. and
Nokia Siemens Networks Oy. The net proceeds from the offering of the Notes will
be used to prepay certain existing debt of Nokia Siemens Networks and for
general corporate purposes.
Nokia Siemens Networks is jointly owned by Nokia Corporation and Siemens AG and
its financial results are consolidated by Nokia Corporation. Nokia has not
guaranteed any of the Nokia Siemens Networks borrowings and thus they are non-
recourse to Nokia.
The Notes have not been registered under the U.S. Securities Act of 1933, as
amended (the "U.S. Securities Act"), and may not be offered or sold in the
United States absent registration under the U.S. Securities Act or an applicable
exemption from the registration requirements of the U.S. Securities Act. The
Notes are being offered only to qualified institutional buyers in accordance
with Rule 144A under the U.S. Securities Act and outside the United States in
accordance with Regulation S under the U.S. Securities Act.
Important Regulatory Notice
The offer and sale of the Notes will be made pursuant to an exemption under the
Prospectus Directive, as implemented in Member States of the European Economic
Area, from the requirement to produce a prospectus for offers of securities.
This announcement does not constitute an advertisement for the purposes of the
Prospectus Directive.
This announcement does not constitute an offer to sell or the solicitation of an
offer to buy any Notes, nor will there be any sale of Notes referred to in this
announcement, in any jurisdiction, including the United States, in which such
offer, solicitation or sale is not permitted. The Notes may not be offered or
sold in the United States absent registration under the U.S. Securities Act or
an applicable exemption from the registration requirements of the U.S.
Securities Act.
About Nokia
Nokia is a global leader in mobile communications whose products have become an
integral part of the lives of people around the world. Every day, more than 1.3
billion people use their Nokia to capture and share experiences, access
information, find their way or simply to speak to one another. Nokia's
technological and design innovations have made its brand one of the most
recognized in the world. For more information, visit http://www.nokia.com/about-
nokia.
Media Enquiries:
Nokia
Communications
Tel. +358 7180 34900
Email: press.services(at)nokia.com
www.nokia.com
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: NOKIA via Thomson Reuters ONE
[HUG#1687669]
Unternehmensinformation / Kurzprofil:
Datum: 22.03.2013 - 17:08 Uhr
Sprache: Deutsch
News-ID 242381
Anzahl Zeichen: 4125
contact information:
Town:
Espoo
Kategorie:
Business News
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