Related Issuers
by Stephen Carter
May 06, 2020 8:12 AM ET
Nokia Corp (NOKIA) EUR1bn Reg S only bearer sr notes 2-part. Ba2/BB+/BBB- (stable/negative/stable). Via Citi/GS (B&D)/Nordea joint books. Off EMTN programme. List Euronext Dublin. English Law. EUR100k+EUR1k. Coupon: fixed, annual, act/act. Settles May 15 (T+7).
- EUR500m (WNG) due 15-May-2025 (5y). NCL (MWC) (3mo par call). ISIN: XS2171759256. IPT: MS +335bp area. Guidance: MS+290bp area. Final terms: MS+275bp.
- EUR500m (WNG) due 15-May-2028 (8y). NCL (MWC) (3mo par call). ISIN: XS2171872570. IPT: MS +395bp area. Guidance: MS+355bp area. Final terms: MS+335bp.
Combined books: approx EUR6.2bn at guidance, pre rec (5y EUR3.3bn and 8y EUR2.9bn). Books went subject at 12:35pm UKT today. Pricing today UK afternoon. UOP: fund tender offer for its EUR500m 1% sr notes due 15-March-2021 (XS1577727164) at EUR1,003.01, Barc/Citi/GS dealer managers, and for GCP. Biz: global communications co. HQ: Helsinki, Finland.