Novel Nokia dazzles as corporate books grow

30 Jan 2009

Nokia took advantage of the current strength of the corporate market to issue its inaugural Eurobond on Wednesday.

At the end of the strongest month in the corporate bond market for years, the Finnish issuer (rated A1/A/A+) printed a debut dual tranche deal of Eu1.75bn.

Although the deal came from the cyclical technology sector and from a credit only just establishing a credit curve for itself, leads ...

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