Nokia Siemens Networks reportedly plans to issue €700M worth of high-yield bonds in the Spring...

|About: Nokia Corporation (NOK)|By:, SA News Editor

Nokia Siemens Networks reportedly plans to issue €700M worth of high-yield bonds in the Spring to test investor interest in the company and assess the potential of a possible IPO. However, Nokia (NOK) and Siemens (S) have no plans to exit the telecom-equipment company, which has enjoyed a turnaround with three straight quarters of underlying profitability.