We aim at maintaining flexibility in funding by keeping credit facilities and funding programmes available.
|Program||Program size (millions)||Program documents|
|Euro Medium Term Note||EUR 5,000||Download document|
|SEC Reg. Shelf||Indeterminate||Active|
Debt capital market issuances
|Issue date||Maturity||Term sheets|
|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||EMTN||EUR 750||2.00%||11-Mar-2019||11-Mar-2026||Download document|
|Nokia Corporation||SEC Reg. Shelf||USD 500||3.375%||12-June-2017||12-June-2022||See related downloads at the bottom of the page|
|Nokia Corporation||SEC Reg. Shelf||USD 500||4.375%||12-June-2017||12-June-2027||See related downloads at the bottom of the page|
|Nokia Corporation||SEC Reg. Shelf||USD 500||6.625%||15-May-2009||15-May-2039||See related downloads at the bottom of the page|
Our credit worthiness helps us make efficient use of international capital and loan markets. Nokia’s ratings as of 1 November, 2019 were:
|BB+ (negative)||Ba2 (stable)||BBB- (stable)|
INTEREST-BEARING LIABILITIES, Nokia, reported (unaudited)
|Issuer/Borrower||Instrument||Currency||Nominal (million)||Final maturity||Carrying amount (EUR million) September 30, 2019||Carrying amount
(EUR million) December 31, 2018
|Nokia Corporation||6.75% Senior Notes1||EUR||231||February 2019||0||232|
|Nokia Corporation||5.375% Senior Notes2||USD||581||May 2019||0||507|
|Nokia Corporation||1.00% Senior Notes||EUR||500||March 2021||499||499|
|Nokia Corporation||3.375% Senior Notes||USD||500||June 2022||458||423|
|Nokia Corporation||2.00% Senior Notes||EUR||750||March 2024||772||750|
|Nokia Corporation||2.00% Senior Notes3||EUR||750||March 2026||766||0|
|Nokia Corporation||4.375% Senior Notes||USD||500||June 2027||473||415|
|Nokia of America Corporation||6.50% Senior Notes||USD||74||January 2028||68||65|
|Nokia of America Corporation||6.45% Senior Notes||USD||206||March 2029||190||182|
|Nokia Corporation||6.625% Senior Notes||USD||500||May 2039||548||455|
|Nokia Corporation||NIB R&D Loan4||EUR||250||May 2025||250||0|
|Nokia Corporation||Revolving credit facility5||EUR||1,500||June 2024||0||0|
|Nokia Corporation||EIB R&D Loan Facility6||EUR||500||0||0|
|Nokia Corporation and various subsidiaries||Other liabilities||456||292|
1 Nokia repaid its EUR 231 million 6.75% Senior Notes in February 2019.
2 Nokia repaid its USD 581 million 5.375% Senior Notes in May 2019.
3 Nokia issued EUR 750 million 2.00% Senior Notes due 2026 under its EUR 5 billion Euro Medium-Term Note Programme in March 2019.
4 Nokia drew an amortizing loan from Nordic Investment Bank (NIB) in May 2019. The loan is repayable in three equal annual installments in 2023, 2024 and 2025.
5国产亚洲精品俞拍视频 In June 2019, Nokia refinanced its EUR 1 579 million revolving credit facility maturing in June 2020 with EUR 1 500 million five-year revolving credit facility with two one-year extension options
6 The loan facility of EUR 500 million with the European Investment Bank (EIB) has not yet been disbursed and will have an average maturity of approximately five years after disbursement. The availability period of the loan facility ends in February 2020.
All borrowings presented above are senior unsecured and have no financial covenants.
Contact investor relations
Nokia Investor Relations