The Firm recently represented the underwriters, led by BNP Paribas Securities Corp., Citigroup Global Markets Inc., Mizuho Securities USA LLC and SMBC Nikko Securities America, Inc. in connection with the registered offering by Mondelēz International, Inc. of $700 million aggregate principal amount of 4.250% notes due 2028, $500 million aggregate principal amount of 4.500% notes due 2030 and $400 million aggregate principal amount of 5.125% notes due 2035. The offering closed May 6, 2025.
Mondelēz is one of the world’s largest snack companies with global net revenues of $36.4 billion in 2024. The company’s portfolio includes iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate’s Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka and Toblerone chocolate.
The Simpson Thacher team included Roxane Reardon, Melissa Lewis and Francisca Johanek (Capital Markets); Michael Mann and Michael Leitner (Tax); Marisa Geiger, Paige Brinton and Christian Bond (Intellectual Property); and Andrew Pagliughi (FINRA and Blue Sky).