Nestle Finance International Ltd (NESNVX)

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Nestle Finance International Ltd (NESNVX)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	CONS	PRCD	NESNVX	Nestle Finance International Ltd	£400		1	EMEA	Nov 17, 2023

Tranche #1Nestle Finance International Ltd

currency

GBP

size (m)

400.000

maturity

Dec 7, 2038

type

Fixed

tenor

15.000

call

registration

Reg S Only

benchmark

ranking

Sr. Unsecured

moody's

Aa3

s&p

AA-

fitch

size description

re-open/tap

ipt

G+85-90

ipt-pxd

guidance

G+70 a

spread

coupon

5.125%

spread set

price

99.91300

yield

5.133%

book size (m)

1,000

peak book (m)

x-covered

2.5

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

1,000

peak book (m)

x-covered

2.5

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

15 yr: Book size: 1000; Registration: Reg S Only; Comments: GBP400m 15yr bmk snr unsec RegS. Aa3/AA-/NR. Barc/BofA(B&D)/DB/RBC. IPTs UKT 4.75% Dec 2038 (mid) +85/+90, guidance UKT+70 area (+/- 3 wpir) for 400m, launch UKT+67. Final books 1bn (peak 1.45bn+). UKT 4.75% 12/2038 @ 103.835 (mid) / 103.805 (bid), HR 94%. Par Call: 3m. CoC: Yes. MWC: G+15bps. LEI: 0KLLMNHINTFDRMU6DI05;

Guarantor(s)

Nestle SA

Use of Proceeds

General Corporate Purposes

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