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Nokia Siemens Networks issues 800 million euro bonds

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A red traffic light is pictured next to the company logo of Mobile network equipment maker Nokia Siemens Networks (NSN), in Munich November 29, 2012. REUTERS/Michael Dalder

A red traffic light is pictured next to the company logo of Mobile network equipment maker Nokia Siemens Networks (NSN), in Munich November 29, 2012.

Credit: Reuters/Michael Dalder

HELSINKI | Fri Mar 22, 2013 12:32pm EDT

HELSINKI (Reuters) - Nokia Siemens Networks (NSN) said it is raising 800 million euros ($1.03 billion) from public markets and will use the money to repay debt and for general purposes.

Nokia Siemens Networks is a mobile telecoms equipment joint venture owned by Nokia and Siemens. ($1 = 0.7737 euros)

(Reporting by Terhi Kinnunen, editing by Mia Shanley)

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Comments (1)
nureuters wrote:
It’s an old picture, and back then it was red.

The traffic light for nokia should be GREEN now.

Mar 22, 2013 3:26pm EDT  --  Report as abuse
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