Nestlé hits sweet spot with €3.15bn trade

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Corporate Bonds
High grade and crossover bonds

Nestlé hits sweet spot with €3.15bn trade

Mike Turner
June 02, 2021 04:45 pm
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THESSALONIKI, GREECE - April 30, 2021: Kit Kat chocolate bar on hand on white background. Bars Kit Kat is produced by Nestle company. | Balint Radu - stock.adobe.com

Nestlé, the Swiss food company, landed its largest ever euro bond on Wednesday, close to or through fair value. But investors showed a strong preference for the shortest tranche after EU inflation turned out higher than expected this week.

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Mike Turner
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