May 20, 2014 / 11:51 AM / 4 years ago

BRIEF-Nokia redeems 800 million euro senior notes

HELSINKI, May 20 (Reuters) - Nokia Oyj : * Redeems EUR 800 million senior notes issued by Nokia Solutions and networks

finance b.v * Says redemption will result in annual interest expense savings of

approximately EUR 55 million * Says redemption will result in annual interest expense savings of

approximately EUR 55 million, starting in the Q3 * Says redemption is also expected to result in a one-off cost of about EUR 100

million, impacting Q2 results of the company (Reporting by Helsinki Newsroom)

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