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Nokia Corporation Message Board

  • fr3nchmodel fr3nchmodel Mar 18, 2013 10:16 PM Flag

    The patient is getting stronger...


    "With corporate debt yields low and its financial health much improved, Nokia Siemens (NOK, SI) is selling €600M ($779M) worth of bonds in a refinancing effort. NSN had €2.42B in cash/equivalents and €1.13B in debt at the end of 2012.
    News of the debt offering comes as Bloomberg again reports Nokia and Siemens have stepped up talks about the future of NSN; one scenario involves a joint buyout of Siemens' 50% stake by Nokia and a "strategic partner." ...

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