Global links icon You are in our Global Site Global links dropdown
Sort by
Sort by
  1. Home
  2. Investors
  3. Disclaimer
  4. Debt investors

Debt investors

Corporate credit ratings

  Standard & Poor's Moody's Ratings 
Short term A1 + P1
Long term AA - Aa3
Outlook Stable Stable
Lead analyst Nicolas Baudouin Lorenzo Re
Date rating / outlook last changed 28 June 2017 22 October 2019

Note: These credit ratings and Outlook are subject to revision at any time.



 

Debt capital markets

The Nestlé Group sources most of its debt financing directly from the debt capital markets. Please find below a list of our principal capital market debt facilities.

Issuance programs

Program Currency Program size Guarantor Issuers
Global Commercial Paper Program EUR 25 billion Nestlé S.A. Nestlé Capital Corporation (USA)
Nestlé Finance International Ltd. (Luxembourg)
Nestlé Holding (U.K.) PLC
Nestlé Australia Ltd (ACN 000 011 316)
4(a)(2) US Commercial Paper Program USD 25 billion Nestlé S.A. Nestlé Capital Corporation (USA)
NEU CP French Commercial Paper EUR 2 billion Nestlé S.A. Nestlé Finance International Ltd. (Luxembourg)
Canadian Commercial Paper CAD 1.8 billion Nestlé S.A. Nestlé Capital Canada Limited
Debt Issuance Program (DIP)     Nestlé S.A. Nestlé Holdings, Inc. (USA)
Nestlé Finance International Ltd. (Luxembourg)

Future issues under the DIP may be listed on the Luxemburg Stock Exchange.
 

Bond issuers

Stand alone bonds:
Swiss issuer: 35% withholding tax on coupon payments stand alone Swiss documentation; listed as SIX (Switzerland)

ISIN Number Issue Date Maturity Date Coupon Rate % Currency Amount Issued (M)
CH0419042491 28 Jun 2018 28 Jun 2024 0.250 CHF 900
CH0419042509 28 Jun 2018 28 Jun 2028 0.750 CHF 600
CH1194355108 15 Jul 2022 15 Jul 2026 1.625 CHF 675
CH1194355116 15 Jul 2022 15 Jul 2030 2.125 CHF 475
CH1194355124 15 Jul 2022 14 Jul 2034 2.500 CHF 350
CH1221150506 8 Nov 2022 7 Nov 2025 1.625 CHF 360
CH1226543838 8 Nov 2022 8 Nov 2029 2.250 CHF 310
CH1226543846 8 Nov 2022 8 Nov 2035 2.625 CHF 260

Eurobond Market - Reg-S bonds issued from our Debt Issuance Program

Base prospectus - May 2022 (pdf, 1.2Mb)
DIP supplement - July 2022 (pdf, 200Kb)
DIP supplement - August 2022 (pdf, 150Kb)

View the Debt Issuance Program documents

Nestlé has passported its DIP Prospectus into the following European Economic Area Member States: Austria, Germany, Netherlands.
Further issues under the DIP may be listed on the Luxemburg Stock Exchange.

Bonds currently outstanding under the DIP:

ISIN Number Issue Date Maturity Date Coupon
Rate %		 Currency Amount
Issued (M)		 Final
Terms
*XS2363914933 13 Jul 2021  13 Jul 2026  1.125 USD 300 pdf, 170Kb
*XS1717575259 17 Nov 2017  17 Nov 2022  2.375 USD 800 pdf, 417Kb
*XS1648298559 19 Jul 2017  18 Jul 2025  0.875 EUR 850 pdf, 120Kb
*CH0383104335 04 Oct 2017  04 Oct 2027  0.250 CHF 550 pdf, 278Kb
*CH0383104343 04 Oct 2017  04 Oct 2032  0.550 CHF 150 pdf, 279Kb
*XS1796233150 22 Mar 2018  22 Feb 2023  3.125 USD 600 pdf, 398Kb
pdf, 247Kb
*XS2354271095 23 Jun 2021  18 Dec 2025  0.625 GBP 600 pdf, 115Kb
*XS2354308194 23 Jun 2021  23 Jun 2033  1.375 GBP 400 pdf, 115Kb
*CAU74078CQ41 22 Nov 2021  29 Jan 2029  2.192 CAD 2000  
*XS2464407514 4 Apr 2022 4 Apr 2027 2.125 GBP 300 pdf, 130Kb
*XS2464407860 4 Apr 2022 4 Apr 2032 2.500 GBP 600 pdf, 135Kb
 

View the list of bonds issued under the DIP which matured in the last 24 months

US bond market - 144A/Reg-S - issued on a stand alone basis

Bond securities sold to United States Accredited Investors and non-US institutional investors.
These securities are not listed in an exchange.
Issuing and Paying Agent: Citibank NA, New York

CUSIP / ISIN Number Issue Date Maturity Date  Coupon Rate % Currency Amount Issued (M)
*641062 AU8 / USU74078CJ02 14 Sep 2021  14 Sep 2024  0.606 USD 1500
*641062 AV6 / USU74078CK74 14 Sep 2021  14 Jan 2027  1.150 USD 500
*641062 AW4 / USU74078CL57 14 Sep 2021  14 Sep 2028  1.500 USD 1000
*641062 AX2 / USU74078CM31 14 Sep 2021  14 Sep 2031  1.875 USD 1000
*641062 AY0 / USU74078CN14 14 Sep 2021  14 Sep 2041  2.500 USD 500
*641062 AZ7 / USU74078CP61 14 Sep 2021  14 Sep 2051  2.625 USD 500
*641062AJ3 / U74078CB7 24 Sep 2018  24 Sep 2021  3.100 USD 1000
*641062AD6 / U74078BX0 24 Sep 2018  24 Sep 2023  3.350 USD 1500
*641062AE4 / U74078BY8 24 Sep 2018  24 Sep 2025  3.500 USD 900
*641062AF1 / U74078BZ5 24 Sep 2018  24 Sep 2028  3.625 USD 1250
*641062AL8 / U74078CC5 24 Sep 2018  24 Sep 2038  3.900 USD 1250
*641062AN4 / U74078CD3 24 Sep 2018  24 Sep 2048  4.000 USD 2100
*641062 AQ7 / USU74078CE15 15 Sep 2020  15 Jan 2024  0.375 USD 1150
*641062 AR5 / USU74078CF89 15 Sep 2020  15 Jan 2026  0.625 USD 750
*641062 AS3 / USU74078CG62 15 Sep 2020  15 Sep 2027  1.000 USD 1100
*641062 AT1 / USU74078CH46 15 Sep 2020  15 Sep 2030  1.250 USD 1000

* Bond guaranteed by Nestlé S.A.
This page constitutes the website of Nestlé Holdings, Inc. (USA)

Eurobond Market - Reg-S bonds issued from our Debt Issuance Program

Base prospectus - May 2022 (pdf, 1.2Mb)
DIP supplement - July 2022 (pdf, 200Kb)
DIP supplement - August 2022 (pdf, 150Kb)

View the Debt Issuance Program documents

Nestlé has passported its DIP Prospectus into the following European Economic Area Member States: Austria, Germany, Netherlands.
Further issues under the DIP may be listed on the Luxemburg Stock Exchange.

Bonds currently outstanding under the DIP:

ISIN Number Issue Date Maturity Date Coupon
Rate %		 Currency Amount
Issued (M)		 Final
Terms
XS0860561942 30 Nov 2012 30 Nov 2023 2.250 GBP 400 pdf, 260Kb
XS0826531120 12 Sep 2012 12 Sep 2022 1.750 EUR 850 pdf, 136Kb
XS1319652902 16 May 2015 16 Nov 2023 0.750 EUR 500 pdf, 105Kb
XS1707074941 02 Nov 2017 18 Jan 2024 0.375 EUR 500 pdf, 416Kb
XS1707075328 02 Nov 2017 02 Nov 2029 1.250 EUR 750 pdf, 415Kb
XS1707075245 02 Nov 2017 02 Nov 2037 1.750 EUR 750 pdf, 415Kb
XS2148372696 01 Apr 2020 01 Apr 2026 1.125 EUR 1,000 pdf, 570Kb
XS2148390755 01 Apr 2020 01 Apr 2030 1.500 EUR 1,000 pdf, 570Kb
XS2170362326 12 May 2020 12 Nov 2024 0.000 EUR 650 pdf, 200Kb
XS2170362672 12 May 2020 12 Nov 2027 0.125 EUR 850 pdf, 200Kb
XS2170362912 12 May 2020 12 May 2032 0.375 EUR 1,000 pdf, 200Kb
XS2263684180 03 Dec 2020 03 Dec 2025 0.000 EUR 500 pdf, 170Kb
XS2263684776 03 Dec 2020 03 Mar 2033 0.000 EUR 500 pdf, 170Kb
XS2263684933 03 Dec 2020 03 Dec 2040 0.375 EUR 500 pdf, 170Kb
XS2350621863 14 Jun 2021 14 Jun 2026 0.000 EUR 1,250 pdf, 100Kb
XS2350632472 14 Jun 2021 14 Jun 2029 0.250 EUR 750 pdf, 100Kb
XS2350746215 14 Jun 2021 14 Feb 2034 0.625 EUR 500 pdf, 100Kb
XS2350744434 14 Jun 2021 14 Jun 2041 0.875 EUR 650 pdf, 100Kb
XS2462321212 29 Mar 2022 29 Mar 2027 0.875 EUR 600 pdf, 1.1Mb
XS2462321303 29 Mar 2022 29 Mar 2031 1.250 EUR 600 pdf, 1.1Mb
XS2462321485 29 Mar 2022 29 Mar 2035 1.500 EUR 800 pdf, 1.1Mb
XS2555196463 15 Nov 2022 15 Mar 2028 3.000 EUR 500 pdf, 150Kb
XS2555198089 15 Nov 2022 15 Jan 2031 3.250 EUR 500 pdf, 150Kb
XS2555198162 15 Nov 2022 15 Nov 2034 3.375 EUR 500 pdf, 150Kb

View the list of bonds issued under the DIP which matured in the last 24 months

Please note that all above bonds are guaranteed by Nestlé S.A.
This page constitutes the website of Nestlé Finance International Ltd.

Stand Alone bonds:

ISIN Number Issuer Issue Date Maturity Date Coupon Rate % Currency Amount Issued (M) Amount Outstanding (M)
US751277AR52 NPP 02 Feb 1993 01 Feb 2023 8.125 USD 175 44
US751277AS36 NPP 15 Jun 1995 15 Jun 2025 7.875 USD 225 51
HU0000360458 NH 31 May 2021 31 May 2028 1.75 HUF 115,000 115,000

Where:
NPP - Nestlé Purina PetCare Company, USA
NH - Nestlé Hungaria Kft, Hungary

View the list of bonds issued under the DIP which matured in the last 24 months

 

Committed bank facilities

Short-term dual tranche syndicated revolving credit facility – general corporate purposes – Nestlé S.A. – 364-day facility dated 12 October 2022 and expiring on 11 October 2023. Nestlé S.A. has the ability to convert the facility into a one year term loan.

Long-term dual tranche syndicated revolving credit facility (including swingline facility) – general corporate purposes – Nestlé S.A. – 5-year facility originally dated 29 October 2019, as amended and restated from time to time and pursuant to amendment and restatement agreements dated (i) 18 November 2021 and (ii) 19 October 2022. Expiring on 19 October 2027.

 

Please note that: (a) restrictions on the distribution of the above and attached information may apply in relation to certain jurisdictions and that any persons to whom such restrictions apply should exit this part of the website and not attempt to access any of the documents; (b) where there are no such restrictions, the above and attached information is provided for information purposes only; (c) the above and attached information must not be made available to any other person; and (d) selling restrictions apply to the bonds.

To The Top