VIEW EVENT INFORMATION: Nokia
Nokia To Offer €750M ($979M) In Bonds To Service Debt And Prop Up Its Cash Position
OCT
23
Status: Available Now!
Type: News
Date: Tuesday 23 October 2012, 12:13 PM
Media: Techcrunch

SOURCE
About the organization Nokia:
Type: Business
Sub-Types: Telecommunication, Telecommunication Hardware, Telecommunication Software, Computer, Computer Software
Notable Organizations: Nokia, Techcrunch
Nokia’s ongoing efforts to restructure and invest in a new direction for its mobile phone business is pushing the company into borrowing against its reserves: today the Finnish company said that it would make an offering in Europe of senior unsecured convertible bonds amounting to €750 million ($979 million), which it said that it would use to service debt “while preserving…
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