Nokia’s €500 Million Financing

Shearman & Sterling advised Nokia Corporation in relation to a new €500 million financing it has entered into with the European Investment Bank.

Nokia will use the loan to further accelerate its research and development of 5G technology, the next-generation mobile telecommunication standard.

The loan is supported by the European Fund for Strategic Investments (EFSI), a key element of the European Commission’s Investment Plan for Europe.

Nokia Oyj is a global communications company. The firm, led by Rajeev Suri, Kristian Pullola and Joerg Erlemeier, in 2017 recorded €23 Million Revenues.

Shearman & Sterling advised Nokia Corporation with a team including Mei Lian (Picture) and Tom Berisford.

Involved fees earner: Mei Lian – Shearman & Sterling; Tom Berisford – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: Nokia Oyj;