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Articles tagged with: Nokia Siemens Networks and Fitch Ratings
Nokia Debt Ratings Downgraded - Outlook set to Negative
Nokia's debt ratings have been downgraded and given a negative outlook by Fitch Ratings. Specifically, Fitch Ratings has downgraded Nokia Corporation's (Nokia) Long-term Issuer Default Rating (IDR) and senior unsecured rating to 'BBB+' from 'A-' respectively. The Short-term IDR of 'F2' is affirmed. The Outlook on the Long-term IDR is Negative. more
Integration, Competition & OS Concerns Weigh on Nokia
Fitch Ratings says that Nokia's operating system (OS) strategy, an increasingly crowded handset market and integration risks at Nokia Siemens Networks (NSN), are the key concerns weighing on its long term debt rating of 'A-'/Outlook Stable. more
Related Tags: nokia
Motorola Ratings Outlook Remains Negative Following Network Ops Sale
Fitch Ratings stated today that Motorola's debt ratings are unaffected by the proposed sale of its Networks division to Nokia Siemens Networks. The Rating Outlook remains Negative. Pro forma for the results of the recently concluded tender offer, Motorola's total debt was $4.9 billion, including the assumption of a fully drawn $1.5 billion revolving credit facility. more
Related Tags: motorola
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