- €1.5B credit facility integrates sustainability pricing: Nokia’s new five-year revolving credit facility (RCF) links financing terms to Scope 1, 2, and 3 GHG emission reductions.
- Sustainability-linked margin adjustments: Loan pricing will rise or fall annually based on Nokia’s progress against its climate targets.
- Supports Nokia’s 2040 Net-Zero goal: Facility strengthens Nokia’s broader climate transition plan, aligned with Science Based Targets initiative (SBTi).
Nokia has signed a €1.5 billion five-year multicurrency revolving credit facility (RCF), with two optional one-year extensions. The facility includes a sustainability-linked pricing mechanism, tying the margin of the loan directly to progress on reducing absolute Scope 1,
