Wednesday, January 28, 2009

Is Nokia in Financial Crunch

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

Read more at Permanent Link to Is Nokia in Financial Crunch

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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