[Reuters] Nokia seeks $1 billion from bonds to help power fightback

Posted by: UGN Security

[Reuters] Nokia seeks $1 billion from bonds to help power fightback - 10/23/12 05:39 AM

HELSINKI (Reuters) - Mobile phone maker Nokia plans to raise 750 million euros ($980 million) by issuing convertible bonds to bolster its cash position as it battles to claw back market share lost to Apple and Samsung.