Deals & Cases

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 13, 2022, Nestlé Holdings, Inc. 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 advised Nestlé on all Swiss law aspects of the transaction. The Homburger team was led by counsel Lee Saladino (Capital Markets), and also included partner Daniel Daeniker (Corporate / M&A), associate Sofiya Shavlak (Capital Markets), and partner Dieter Grünblatt (Tax).