Credit Rating Report

Nestlé S.A. and Nestlé Capital Canada Ltd.: Rating Report

Consumers

Summary

DBRS Ratings Limited (DBRS Morningstar) confirmed Nestlé S.A.’s (Nestlé or the Company) Issuer Rating at AA (low) and Nestlé Capital Canada Ltd.’s Commercial Paper (CP) rating at R-1 (middle). All trends are Stable.

Ratings

Nestle Capital Canada Ltd.
  • Date Issued:Dec 16, 2021
  • Rating Action:Confirmed
  • Ratings:R-1 (middle)
  • Trend:Stb
  • Rating Recovery:
  • Issued:UKU
Nestle S.A.
  • Date Issued:Dec 16, 2021
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:UKU
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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