Nokia Siemens secures 1.2 billion euro loan deal (Reuters)

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Reuters - Nokia Siemens Networks (NSN), the world's No.2 maker of mobile phone network equipment, has raised more than 1.2 billion euros from a group of 14 European and U.S. banks as it looks to pay for a big redundancy program and battle towards profitability, a source close to the deal said on Monday.

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