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	€1,500		2	EMEA	Jan 16, 2024

Tranche #1Nestle Finance International Ltd

currency

EUR

size (m)

750.000

maturity

Jan 23, 2031

type

Fixed

tenor

7.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Aa3

s&p

AA-

fitch

size description

re-open/tap

ipt

MS+80-85

ipt-pxd

guidance

MS+50-55

spread

coupon

3.00%

spread set

price

99.78200

yield

3.035%

book size (m)

2,000

peak book (m)

x-covered

2.67

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

2,000

peak book (m)

x-covered

2.67

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche #2Nestle Finance International Ltd

currency

EUR

size (m)

750.000

maturity

Jan 23, 2037

type

Fixed

tenor

13.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Aa3

s&p

AA-

fitch

size description

re-open/tap

ipt

MS+105 a

ipt-pxd

guidance

MS+75 a

spread

coupon

3.25%

spread set

price

98.75300

yield

3.37%

book size (m)

2,250

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

2,250

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche Comments

7 yr: Book size: 2000; Registration: Reg S Only; Comments: EUR750 7yr part of 2-tr bmk snr unsec RegS. Aa3/AA-/NR. BNPP/Citi/HSBC/JPM(B&D)/SG. IPTs 7yr MS+80/+85. Guidance MS+50/+55. Launch MS+48 for 750m each. Final books 2bn+, (peak ~3.2bn). DBR 5.5% 01/04/31, HR 86%, B+92.3. Par Call: 3m. CoC: Yes. LEI: 0KLLMNHINTFDRMU6DI05; 13 yr: Book size: 2250; Registration: Reg S Only; Comments: EUR750m 13yr part of 2-tr 13yr bmk snr unsec RegS. Aa3/AA-/NR. BNPP/Citi/HSBC/JPM(B&D)/SG. IPTs 13yr MS+105 area. Guidance MS+75 area. Launch MS+70, for 750m each. Final books 2.25bn+ (peak ~3.1bn). DBR 4% 01/04/37, HR 84%, B+99.4. Par Call: 3m. CoC: Yes. LEI: 0KLLMNHINTFDRMU6DI05;

Guarantor(s)

Nestle SA

Use of Proceeds

General Corporate Purposes

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