Free Writing Prospectus dated June 5, 2017

(to Prospectus dated May 30, 2017 and

Preliminary Prospectus Supplement dated June 5, 2017)

Filed pursuant to Rule 433

Registration Statement No. 333-218330

 

NOKIA CORPORATION
$500,000,000 3.375% Notes due 2022
Pricing Term Sheet - June 5, 2017

 

Issuer:

Nokia Corporation

Title:

3.375% Notes due 2022

Expected Ratings:

Ba1 / BB+ (Moody’s / S&P)

Aggregate Principal Amount:

$500,000,000

Price to Public:

99.499% of the principal amount, plus accrued interest from June 12, 2017

Underwriting Discount:

40 bps

Proceeds Before Expenses:

$495,495,000

Maturity Date:

June 12, 2022

Interest Rate:

3.375% per annum

Interest Payment Dates:

Each June 12 and December 12, commencing December 12, 2017

Interest Record Dates:

15 calendar days before each Interest Payment Date

Yield to Maturity:

3.485%

Spread to Benchmark Treasury:

T+175 bps

Benchmark Treasury:

UST 1.750% due May 31, 2022

Benchmark Treasury Yield:

1.735%

Redemption Provisions:

Make-whole and Tax

Make-Whole Spread:

At any time at a discount rate of Treasury plus 25 bps

Tax Redemption:

100%

Business Days:

New York City, Helsinki

CUSIP/ISIN:

654902 AD7 / US654902AD73

Concurrent Debt Offering:

The Issuer is also offering $500,000,000 of 4.375% Notes due 2027

Joint Bookrunners:

Barclays Capital Inc.

 

Citigroup Global Markets Inc.

 

Goldman Sachs & Co. LLC

 

J.P. Morgan Securities LLC

Expected Settlement Date:

June 12, 2017 (T+5)

 

Note: A securities rating is not a recommendation to buy sell or hold securities and may be subject to revision or withdrawal at any time.

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by contacting: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-888-603-5847, or by email at Barclaysprospectus@broadridge.com, Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-800-831-9146, or by email at prospectus@citi.com, Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282, Attn: Prospectus Department, by telephone at 1-866-471-2526, or J.P. Morgan Securities LLC, 383 Madison Avenue, New York, NY 10179, Attention: Investment Grade Syndicate Desk, 3rd Floor, or by telephone collect at 1-212-834-4533.

 



 

NOKIA CORPORATION
$500,000,000 4.375% Notes due 2027
Pricing Term Sheet - June 5, 2017

 

Issuer:

Nokia Corporation

Title:

4.375% Notes due 2027

Expected Ratings:

Ba1 / BB+ (Moody’s / S&P)

Aggregate Principal Amount:

$500,000,000

Price to Public:

99.591% of the principal amount, plus accrued interest from June 12, 2017

Underwriting Discount:

50 bps

Proceeds Before Expenses:

$495,455,000

Maturity Date:

June 12, 2027

Interest Rate:

4.375% per annum

Interest Payment Dates:

Each June 12 and December 12, commencing December 12, 2017

Interest Record Dates:

15 calendar days before each Interest Payment Date

Yield to Maturity:

4.426%

Spread to Benchmark Treasury:

T+225 bps

Benchmark Treasury:

UST 2.375% due May 15, 2027

Benchmark Treasury Yield:

2.176%

Redemption Provisions:

Make-whole and Tax

Make-Whole Spread:

At any time at a discount rate of Treasury plus 35 bps

Tax Redemption:

100%

Business Days:

New York City, Helsinki

CUSIP/ISIN:

654902 AE5 / US654902AE56

Concurrent Debt Offering:

The Issuer is also offering $500,000,000 of 3.375% Notes due 2022

Joint Bookrunners:

Barclays Capital Inc.

 

Citigroup Global Markets Inc.

 

Goldman Sachs & Co. LLC

 

J.P. Morgan Securities LLC

Expected Settlement Date:

June 12, 2017 (T+5)

 

Note: A securities rating is not a recommendation to buy sell or hold securities and may be subject to revision or withdrawal at any time.

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by contacting: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-888-603-5847, or by email at Barclaysprospectus@broadridge.com, Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-800-831-9146, or by email at prospectus@citi.com, Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282, Attn: Prospectus Department, by telephone at 1-866-471-2526, or J.P. Morgan Securities LLC, 383 Madison Avenue, New York, NY 10179, Attention: Investment Grade Syndicate Desk, 3rd Floor, or by telephone collect at 1-212-834-4533.

 


Nokia (PK) (USOTC:NOKBF)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024 Haga Click aquí para más Gráficas Nokia (PK).
Nokia (PK) (USOTC:NOKBF)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024 Haga Click aquí para más Gráficas Nokia (PK).