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Debt information

We aim at maintaining flexibility in funding by keeping credit facilities and funding programmes available.

Funding programmes

Program

Program size (millions)

Program documents

Euro Medium Term Note

EUR 5 000

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SEC Reg. Shelf

Indeterminate

Active


Debt capital market issuances

Issuer

Program

Amount (millions)

Coupon
(p.a.)

Issue date

Maturity

Term sheets

Nokia Corporation

EMTN

EUR 500

6.75%

4-Feb-2009

4-Feb-2019

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Nokia Corporation EMTN EUR 500 1.00% 15-Mar-2017 15-Mar-2021 Download document
Nokia Corporation EMTN EUR 750 2.00% 15-Mar-2017 15-Mar-2024 Download document
Nokia Corporation Sec Reg. Shelf USD 1,000 5.375% 15-May-2009 15-May-2019 See related downloads at bottom of page

Nokia Corporation

Sec Reg. Shelf

USD 500

3.375%

12-June-2017

12-June-2022

See related downloads at bottom of page

Nokia Corporation

Sec Reg. Shelf

USD 500

4.375%

12-June-2017

12-June-2027

See related downloads at bottom of page

Nokia Corporation Sec Reg. Shelf USD 500 6.625% 15-May-2009 15-May-2039 See related downloads at bottom of page


Credit ratings

Our credit worthiness helps us make efficient use of international capital and loan markets. Nokia’s ratings as of 9 October, 2017 were:

S&P

Moody's

BB+ (Stable)

Ba1 (Stable)


INTEREST-BEARING LIABILITIES, Nokia, reported (unaudited)

 

 

 

 

Issuer/Borrower

 

 

 

 

Instrument

 

 

 

 

Currency

 

 

 

 

 

Nominal (million)

 

 

 

 

 

Final maturity

Carrying amount (EUR million)

 

March 31, 2018

Carrying amount
(EUR million)

 

March 31, 2017

Carrying 

amount 

(EUR

million)

 

December 31, 2017

 

Nokia Corporation

6.75% Senior Notes 

EUR

231

February 2019 239

248

241

 
Nokia Corporation

5.375% Senior Notes 1

USD

581

May 2019 471

944

487

 
Nokia Corporation 1.00% Senior Notes  EUR 500 March 2021 498 498 498  
Nokia Corporation 3.375% Senior Notes 1 USD 500 June 2022 390 0 406  
Nokia Corporation

2.00% Senior Notes 

EUR

750

March 2024 744

743

744

 
Nokia Corporation

4.375% Senior Notes 1

USD

500 June 2027 384 0 404  
Nokia of America Corporation

6.5% Senior Notes 1

USD

74 January 2028 60 202 62  
Nokia of America Corporation 6.45% Senior Notes 1 USD 206 March 2029 169

908

174

 
Nokia Corporation 6.625% Senior Notes USD 500 May 2039 409 474 424  
Nokia Corporation Revolving credit facility EUR 1579 June 2020 0 0 0  
Nokia Corporation and various subsidiaries Other liabilities       356 395 326  
Total         3,720 4,412 3,766  

1 In June 2017, Nokia issued USD 500 million 3.375% Senior Notes due 2022 and USD 500 million 4.375% Senior Notes due 2027 under U.S. Securities Act of 1933, as amended. The proceeds of the new notes were used to redeem (nominal amounts) USD 419 million of the 2019 USD Notes, USD 140 million of the 2028 USD Notes and USD 753 million of the 2029 USD Notes and for general corporate purposes.

All Nokia borrowings are senior unsecured and have no financial covenants.

 

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Financial reports, investor kits and general information

Nokia Investor Relations

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