© Nokia Electronics Production | October 24, 2012
Nokia raises EUR 750 million from bonds
Nokia completed a EUR 750 million bond offering on Tuesday.
The bond offering of EUR 750 million will be used to resolve past debts that the company has incurred. Nokia has had tough years recently, with the latest quarterly report also pointed downwards. The companies net cash fell to EUR 3.6 billion from EUR 4.2 billion at the end of June writes the Wall Street Journal.