Nokia issued 500 million senior unsecured notes for refinancing.

Nokia announced on June 5th that it has completed a 500 million euro issuance of senior unsecured notes under its Euro Medium Term Note Program. The notes will mature on June 5, 2032, with a fixed annual interest rate of 3.625%, and have been approved for listing on the pan-European stock exchange, the regulated market in Dublin. Nokia stated that the net proceeds from this issuance will be used for general corporate purposes, including the early repayment of its existing 500 million euro senior unsecured notes with a face value of 3.125%, due in May 2028, in accordance with the redemption terms.