Nokia Siemens Networks Finance B.V. issues EUR 800 million Senior Notes and announces pricing

Nokia Siemens Networks Finance B.V. issues EUR 800 million Senior Notes and 
announces pricing 
ESPOO, FINLAND -- (Marketwire) -- 03/22/13 -- 


 
Nokia Corporation
Stock exchange release
March 22, 2013 at 18.00 (CET+1)

 
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. 
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants
that: (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] 
Media Enquiries: 
Nokia
Communications
Tel. +358 7180 34900
Email: press.services@nokia.com 
www.nokia.com