The investment-grade notes are due 2029, 2031, 2034 and 2054 

Davis Polk advised the joint book-running managers and representatives of the several initial purchasers in connection with the Rule 144A / Regulation S notes offering by Nestlé Capital Corporation of $600 million aggregate principal amount of 4.650% notes due 2029, $450 million aggregate principal amount of 4.750% notes due 2031, $800 million aggregate principal amount of 4.875% notes due 2034 and $650 million aggregate principal amount of 5.100% notes due 2054. The notes are guaranteed by Nestlé S.A., the indirect parent company of the issuer.

Nestlé is the world’s largest food and beverage company. Nestlé has more than 2,000 brands ranging from global icons to local favorites and is present in 188 countries around the world.

The Davis Polk capital markets team included partner John B. Meade and associates Jakub P. Jozwiak, Samuel S. Vallejo and Sakiko Nishida. Counsel Alon Gurfinkel and associate Ya Sheng Lin provided tax advice. Members of the Davis Polk team are based in the New York and London offices.

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