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Wireless

Nokia replaces EUR 1.58 billion credit facility with one priced by greenhouse gas reductions

Wednesday 19 June 2019 | 10:59 CET | News
Nokia said it has signed EUR 1.50 billion, five-year multicurrency revolving credit facility with two one-year extension options. It replaces a EUR 1.58 billion facility from 2015 and introduces a mechanism linking the margin to two sustainability targets. One is to cut greenhouse gas emissions from its own operations, and the other is to lower emissions attributed to customers' use of Nokia's products.

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Categories: Mobile & Wireless
Companies: Nokia
Countries: Finland / World
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