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 Technology Stocks : Nokia Corp. (NOK)

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From: Eric L1/22/2012 3:45:30 PM
1 Recommendation  Read Replies (1) of 8724
 
Overhauling NSN

>> Lenders show faith in Nokia Siemens

Daniel Thomas
The Financial Times (London)
January 22, 2012

ft.com 

Nokia Siemens Networks has raised more than €1.2bn of finance from a consortium of 14 European and US banks in a vote of confidence from the lending market in the troubled telecoms equipment maker’s strategic overhaul. NSN, which is jointly owned by Nokia and Siemens, needed to replace a €2bn debt facility set to expire this summer that was used to support corporate activities. ... <snip rest: see article at link above>. ###

- Eric -
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