Nokia is in process to sell 1.75 billion Euro worth of bonds , 1.25 billion Euros having 5 year maturity spread on 250 ( 2.5 % ) basis points and rest 500 million Euro having 10 year maturity spread on 315 ( 3.15 % ) basis points ( a basis point is one hundredth of a percentage ) Citigroup Inc., Deutsche Bank AG, Goldman Sachs Group Inc. and JPMorgan Chase & Co. organized the issue
A low quarterly profit and gloomy sales forecast is putting the mobile giant in a financial crunch and even forced it to lower it’s dividend for the first time in 7 years .
“Nokia is in a weak sector but the deal is cheap enough, it’s inaugural and it’s a household name,” Suki Man – credit strategist at Societe Generale SA in London ( source Bloomberg)
No Nokia executive has commented on the issue as yer.
Nokia’s current debt stands $2 billion seven-year revolving credit line arranged in 2005
Current Closing Nokia share prices are
In Helsinki ( HEL ) Euro 9.9 with high reaching 10.01 and lows of 9.63
In New York closing at $ 12.99 from high reaching 13.24 and lows at 12.85
Financial Ranking Companies Moody’s Investor Service is rating Nokia as A1 ( 5th highest investment category) while S & P has Nokia at A.
So are you planning to buy a part of Nokia or selling your share 
. I for one had never been in the market .
Farhan
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