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giugno 14, 2017 - Nokia

Nokia Announces Pricing and Early Results for its Tender Offers and Consent Solicitation

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Espoo, Finland -Nokia Corporation ("Nokia"), announces the pricing and early results of its previously announced tender offers (the "Tender Offers") to purchase for cash: (i) the USD 300 000 000 6.50% debentures due January 15, 2028 (the "2028 Notes"); (ii) the USD 1 360 000 000 6.45% debentures due March 15, 2029 (the "2029 Notes") (the 2028 Notes and the 2029 Notes, together the "ALU Notes") issued by Lucent Technologies Inc. (the predecessor to Alcatel-Lucent USA Inc. ("Alcatel Lucent"); and (iii) the USD 1 000 000 000 5.375% notes due March 15, 2019 issued by #nokia (the "2019 Notes" and, together with the ALU Notes, the "Notes"). Alcatel Lucent is a wholly-owned subsidiary of #nokia.

The Tender Offers and Consent Solicitation are being made on the terms and subject to the conditions set out in the offer to purchase dated May 30, 2017 (the "Offer to Purchase"). Capitalized terms not defined herein have the meaning ascribed to them in the Offer to Purchase.

Early Tender Results, Acceptance and Early Settlement Election

As of 5:00 p.m.(New York time) on June 12, 2017 (the "Early Tender Date"), according to information provided by Lucid Issuer Services Limited (the "Tender and Information Agent"), an aggregate principal amount of Notes equal to USD 1,495,992,000 has been validly tendered and not validly withdrawn in the Tender Offers, as set out in the table below. Withdrawal rights for the Tender Offers expired at the Early Tender Date. As a result, tendered Notes may no longer be withdrawn, except as required by law.

Nokia has accepted for purchase (i) all ALU Notes validly tendered at or prior to the Early Tender Date in full; and (ii) the 2019 Notes validly tendered at or prior to the Early Tender Date with a pro-ration factor of 69.4277%, such that the total amount payable (excluding Accrued Interest) is approximately equal to the Maximum Acceptance Amount of USD 1,500,000,000. #nokia hereby announces that it is exercising the Early Settlement Election and the Early Settlement Date will be June 14, 2017.

More information on the press release

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