Nestlé completes US$3b note issuance with Homburger’s advisory

Nestlé Holdings, Inc. recently wrapped up a noteworthy financial transaction with the assistance of Homburger, a trusted legal advisor. The deal involved the issuance of a total of USD 3 billion in notes through an institutional (Rule 144A) offering in the United States of America. 

On March 14, 2023, Nestlé Holdings, Inc. successfully completed the issuance of four sets of notes: USD 1 billion 5.250% Notes due 2026, USD 850 million 5.000% Notes due 2028, USD 500 million 4.950% Notes due 2030, and USD 650 million 4.850% Notes due 2033. The notes carry a guarantee from Nestlé S.A., the Swiss parent company of the Nestlé group. 

The issuance of the notes was completed in accordance with Rule 144A and Regulation S under the U.S. Securities Act. 

Homburger advised Nestlé on all Swiss law aspects of the transaction. The Homburger team was led by Lee Saladino (capital markets, pictured), and included Daniel Daeniker (corporate / m&a), Sofiya Shavlak (capital markets), and Dieter Grünblatt (tax). 

Suzan Abdien Hago Taha