The Firm recently represented the underwriters, led by CIBC World Markets Inc., Merrill Lynch Canada Inc., RBC Dominion Securities Inc. and TD Securities Inc. in connection with the registered offering by Mondelēz International, Inc. of C$650 million aggregate principal amount of 4.625% notes due 2031. The offering closed July 3, 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, Siak Goh and Daniel Sifredo (Capital Markets); Michael Mann (Tax); Marisa Geiger, Ron Ben-Yehuda and Paige Brinton (Intellectual Property); and Andrew Pagliughi (FINRA and Blue Sky).