Nokia €500 million financing

6/9/2018

Financing

Value:

€ 500 million

Dollar value:

$ 580 million

Status:

Announced

Date:

6/9/2018

Overview:

Nokia has obtained €500 million from the European Investment Bank.
Proceeds will be used for research and development of 5G technology.
The financing is supported by the European Fund for Strategic Investments.

Mihail Georgiev - Data analyst

Jurisdiction:

Finland

Deal type:

Financing

Practice area:

Banking and finance

Governing laws:

Finland
European Union

Industry sector:

Technology and telecommunications

Firm:

Shearman & Sterling

Party: Nokia (Borrower)

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