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BRIEF-Nokia Issues EUR 500 Mln Senior Unsecured Notes

BY Reuters | CORPORATE | 06:36 AM EDT

June 5 (Reuters) - Nokia Oyj (NOK):

* ISSUES EUR 500 MILLION SENIOR UNSECURED NOTES AND APPLIES FOR NOTES TO BE LISTED ON EURONEXT DUBLIN

* NOTES WILL MATURE ON 5 JUNE 2032, AND CARRY A FIXED ANNUAL COUPON OF 3.625%

* NOTES TO BE LISTED ON REGULATED MARKET OF EURONEXT DUBLIN

* WILL USE NET PROCEEDS OF NOTES FOR GENERAL CORPORATE PURPOSES, INCLUDING REFINANCING OF ITS OUTSTANDING EUR 500 MILLION 3.125% NOTES DUE MAY 2028 Source text: Further company coverage: (Gdansk Newsroom)

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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