Simpson Thacher Represents Underwriters in $1 Billion Notes Offering by Mondelēz International
Simpson Thacher recently represented the underwriters, led by BBVA Securities Inc., Citigroup Global Markets Inc. and TD Securities (USA) LLC, in connection with Mondelēz International, Inc.’s (“Mondelēz”) registered offering of $1 billion aggregate principal amount of 0.625 % Senior Notes due 2022. The offering closed July 2, 2020.
Mondelēz is one of the world’s largest snack companies with global net revenues of $25.9 billion in 2019. The company’s portfolio includes iconic snack brands such as Cadbury, Milka and Toblerone chocolate; Oreo, belVita and LU biscuits; Halls candy; Trident gum and Tang powdered beverages.
The Simpson Thacher team included Roxane Reardon and Benjamin Heriaud (Capital Markets); Jonathan Cantor and Nicole Humphrey (Tax); Lori Lesser and Genevieve Dorment (Intellectual Property); and Andrew Pagliughi (FINRA and Blue Sky).