The Firm recently represented the underwriters, led by BBVA Securities Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Wells Fargo Securities, LLC in connection with the registered offering by Mondelēz International, Inc. of $550 million aggregate principal amount of 4.750% notes due 2029. The offering closed February 20, 2024.
Mondelēz is one of the world’s largest snack companies with global net revenues of $36 billion in 2023. 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 and Joann Kim (Capital Markets); Jonathan Cantor and Edward Grais (Tax); Rachelle Broida (Intellectual Property); and Andrew Pagliughi (FINRA and Blue Sky).