Announces Pricing and Early Results for its Tender Offers and Consent Solicitation. Espoo, Finland - Nokia Corporation " Nokia "announces forpliktelser nokia pricing and early results of its previously announced tender offers the forpliktelser nokia Tender Offers " to purchase for cash: Alcatel Lucent is a wholly-owned subsidiary of Nokia. The Tender Offers and Consent Solicitation are being made on the terms and subject to the conditions set out in the offer to purchase forpliktelser nokia May 30, the " Offer to Purchase ".
Capitalized terms not defined herein have the meaning ascribed to them in the Offer to Purchase. New York time on June 12, the " Early Tender Date "according to information provided by Lucid Issuer Services Limited the " Tender and Information Agent "an aggregate principal amount of Notes equal to USD 1,, has been validly tendered and not validly withdrawn in the Tender Offers, as set out in the table below. Withdrawal rights for the Tender Offers expired at the Early Tender Date.
As a result, tendered Notes may no longer be forpliktelser nokia, except as required by law. Nokia has accepted for purchase forpliktelser nokia all ALU Forpliktelser nokia validly tendered at or prior to the Early Tender Date in full; and ii the Notes validly tendered at or prior to the Early Tender Date with a pro-ration factor of Nokia hereby announces that it is exercising the Early Settlement Election and the Early Settlement Date will be June 14, As of May 30,Nokia holds an additional USD 85 of the 6.
Nokia is an affiliate of Alcatel Lucent and, as a result, in determining whether the holders of the required principal amount of ALU Notes have concurred in any direction, waiver or consent, ALU Notes owned by Nokia have been disregarded. For additional information, see the Offer to Purchase under the section " The Terms of the Tender Offers and Consent Solicitation-Notes Accepted for Purchase. The Tender Offers will expire at New York time on June 26, the " Expiration Date ".
Nokia reserves the right, forpliktelser nokia to applicable law, at any time, for any reason, to extend the Expiration Date. Any such extension will be announced in the manner described in the Offer to Purchase. ALU Notes validly tendered after the Early Tender Date if any will be accepted for purchase in full and none of the Notes validly tendered after the Early Tender Date if any forpliktelser nokia be accepted for purchase, as detailed forpliktelser nokia the Offer to Purchase.
The Final Settlement Date in respect of any such ALU Notes is expected to be June 28, Concurrently with the Tender Offers, Alcatel Lucent solicited the " Consent Solicitation " consents the " Consents " from each holder of ALU Notes to certain proposed amendments the " Proposed Amendments " to the indenture governing the ALU Notes the " ALU Indenture ". The Proposed Amendments will eliminate: As of the Early Tender Date, the Requisite Consents have been reached and the Supplemental Indenture has been executed.
The Supplemental Indenture will become operative on the Final Settlement Date. Holders who validly tendered and have not validly withdrawn their Notes at or prior to the Early Tender Date will be eligible to receive the relevant Early Consideration. Holders who validly tender their Notes after the Early Tender Date, but at or prior to the Expiration Date will be eligible to receive the relevant Late Consideration.
In addition to the relevant Early Consideration or Late Consideration as applicableNokia will also pay any applicable Accrued Interest in relation to the Notes accepted for purchase. The Early Consideration assuming the Early Settlement Date is June 14, and the Late Consideration assuming the Final Settlement Date is June 28, in respect of each series of Notes, as applicable, were determined today at or around New York time in accordance with the terms set out in the Offer to Purchase, as detailed in the table below:.
On June 12,Nokia closed its offering of USD million aggregate principal amount of 3. Securities Forpliktelser nokia ofas amended the " New Notes ". We intend to use the net proceeds of the New Notes and cash on forpliktelser nokia sheet to finance the repurchase of the Notes that are validly tendered and accepted for purchase pursuant to the Tender Offers and Consent Solicitation.
Morgan Securities LLC are acting as Joint Dealer Managers and Solicitation Agents for the Tender Offers and Consent Solicitation. Investors with questions may contact the Joint Dealer Managers and Solicitation Agents at the addresses and numbers shown below. Nokia reserves the right, subject to applicable law, at any time prior to the satisfaction of the conditions set out in the Offer to Purchase, to amend the Tender Offers in any respect or forpliktelser nokia terminate the Tender Offers and return the tendered Notes, subject to disclosure and other requirements as required by applicable laws.
This stock exchange release must be read in conjunction with the Offer to Purchase. The Offer to Purchase contains important information which should be read carefully before any decision is made with forpliktelser nokia to the Tender Offers and Consent Solicitation. This stock exchange release is neither an offer to sell nor a solicitation of offers to buy any securities.
The Tender Offers and Consent Solicitation are being made only pursuant to the Offer to Purchase. None of Nokia, Alcatel Lucent, the Joint Dealer Managers and Solicitation Agents, the Tender and Information Agent, or the Trustees makes any recommendation in connection with the Tender Offers and Consent Solicitation. Please refer to the Offer to Purchase for a description of the offer terms, conditions, disclaimers and other information applicable to the Tender Offers and Consent Solicitation.
Holders forpliktelser nokia seek their own financial advice, including in respect of any tax consequences, from their forpliktelser nokia, bank manager, solicitor, accountant or other forpliktelser nokia financial, tax or legal adviser. Any individual or company whose Notes are held on its behalf by forpliktelser nokia broker, dealer, bank, custodian, trust company or other nominee must contact such entity if it forpliktelser nokia to tender such Notes pursuant to the Tender Offers and Consent Solicitation.