Deals & Cases

Homburger advised Nestlé on its issuance of USD 2 bn senior guaranteed notes through an institutional (Rule 144A) offering in the United States

On March 18, 2026, Nestlé Capital Corporation successfully completed its issuance of (i) USD 750 m in aggregate principal amount of 4.200% Notes due 2031, (ii) USD 500 m in aggregate principal amount of 4.500% Notes due 2033, and (iii) USD 750 m in aggregate principal amount of 4.800% Notes due 2036. 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 Lee Saladino (Capital Markets) and included Daniel Daeniker (Corporate / M&A) and Dieter Grünblatt (Tax).