Nestlé Holdings, Inc.’s $4 Billion Notes Offering

Homburger advised Nestlé on the issuance of an aggregate of USD 4 bn notes through an institutional (Rule 144A) offering in the United States of America.

On September 15, 2020, Nestlé Holdings, Inc. successfully completed its issuance of USD 1.15 bn 0.375% Notes due 2024, USD 750 m 0.625% Notes due 2026, USD 1.1 bn 1.000% Notes due 2027 and USD 1 bn 1.250% Notes due 2030 (collectively, the Notes).

The Notes are guaranteed by the Nestlé group’s Swiss parent company Nestlé S.A. The offering of the Notes was done in reliance on Rule 144A and Regulation S under the U.S. Securities Act.

Homburger advised Nestlé on all Swiss law aspects of the transaction with a team comprised partners Daniel Daeniker (Corporate | M&A, in picture), counsel Lee Saladino (Capital Markets), as well as associate David Borer and junior associate Marc Abplanalp (both Capital Markets). Partner Dieter Grünblatt provided tax advice.

Involved fees earner: Marc Abplanalp – Homburger; David Borer – Homburger; Daniel Daeniker – Homburger; Dieter Grünblatt – Homburger; Lee Saladino – Homburger;

Law Firms: Homburger;

Clients: Nestlé;