Nokia

Finnvera guarantees Nokia’s deliveries to Türk Telekom

Nokia delivers fixed network and mobile network telecommunication equipment and related services to Türkiye with Finnvera’s export credit guarantee.

 

 

- Signing date of the Finnvera Guarantee Agreement: 29 September 2025 
- Name of the Guarantee Holder: HSBC Bank Plc 
- Name of the Exporter: Nokia Corporation and / or any of its subsidiaries 
- Name of the Lender(s): HSBC Bank Middle East Limited 
- Name of the Buyer: Turk Telekomunikasyon A.S. and its subsidiary TT Mobil Iletisim Hizmetleri A.S., as well as other subsidiaries of Turk Telekomunikasyon A.S. 
- Name of the Borrower: TT Mobil Iletisim Hizmetleri A.S.
- Name of the Guarantor: Türk Telekomunikasyon A.S.
- Project/Export transaction/Goods: fixed network and mobile network telecommunication equipment and related services. 
- Country of Export transaction/project: Türkiye 
- Credit amount USD: 221,782,881
- Credit period: 9 years 
- Percentage of cover: 95% comprehensive 
- Es-risk classification – OECD Common Approaches: Existing Operation 
- ES-risk classification – Finnvera:
- International standards applied in benchmarking: IFC Performance Standards 
- Contact point: [email protected]
- Date of publication: 23 October 2025