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Nokia Ties Terms of New €1.5 Billion Debt to Performance Towards Value Chain Emissions Goals

Nokia Ties Terms of New €1.5 Billion Debt to Performance Towards Value Chain Emissions Goals

Telecommunications and networking technology company Nokia announced that it has signed a new €1.5 billion multicurrency revolving credit facility, with pricing on the new debt tied to its performance towards its Scope 1, 2 and 3 greenhouse gas emissions goals. The new credit facility marks the latest in a series of sustainability-linked financing instruments for Nokia, including a credit facility…