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

Cravath represented Nestlé Holdings, Inc. in connection with its $4 billion 144A/Reg. S senior unsecured notes offering. The notes are guaranteed by Nestlé Holdings, Inc.’s parent company, Nestlé S.A., the world’s largest food and beverage company. Proceeds of the offering will be used for general corporate purposes of the Nestlé Group. The transaction closed on September 15, 2020.

The Cravath team included partner George E. Zobitz and associates Melanie R. Cook and Leticia M. Quezada on capital markets matters, and partner Christopher K. Fargo and associate Rory M. Minnis on tax matters. Alexandra J. Valicenti also worked on capital markets matters.