Nokia Issues EUR 500M Senior Unsecured Notes at 3.625%

Nokia Corporation has issued EUR 500 million in senior unsecured notes under its Euro Medium Term Note program. These notes carry a fixed annual coupon of 3.625% and will mature on June 5, 2032. The company plans to use the net proceeds for general corporate purposes, including the refinancing of its existing EUR 500 million 3.125% notes due in May 2028. An application has been made for the notes to be listed on Euronext Dublin.