Homburger advises Nestlé on the issuance of USD 4 billion in USA

Homburger has advised Nestlé on the issuance of an aggregate of USD 4 bn notes through an institutional offering in the United States of America. Nestlé Holdings has successfully completed its issuance of USD 750 m 4.000% Notes due 2025, USD 500 m 4.125% Notes due 2027, USD 500 m 4.250% Notes due 2029, USD 1.25 bn 4.300% Notes due 2032 and USD 1 bn 4.700% Notes due 2053. 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 has advised Nestlé on all Swiss law aspects of the transaction. The team was led by counsel Lee Saladino (capital markets, pictured), and also included partner Daniel Daeniker (corporate / m&a), associate Sofiya Shavlak (capital markets), and partner Dieter Grünblatt (tax).