Credit Rating Report

Nestle S.A.: Rating Report

Consumers

Summary

On 19 December 2023, DBRS Ratings GmbH (Morningstar DBRS) confirmed Nestlé S.A.’s (Nestlé or the Company) Issuer Rating at AA (low) and Nestlé Capital Canada Ltd.’s (Nestlé Capital) commercial paper credit rating at R-1 (middle), both with Stable trends. Morningstar DBRS also assigned an Issuer Rating of AA (low) with a Stable trend to Nestlé Finance International LTD (Nestlé FI).

Ratings

Nestle Capital Canada Ltd.
  • Date Issued:Dec 19, 2023
  • Rating Action:Confirmed
  • Ratings:R-1 (middle)
  • Trend:Stb
  • Rating Recovery:
  • Issued:EUU
Nestle S.A.
  • Date Issued:Dec 19, 2023
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:EUU
Nestlé Finance International LTD
  • Date Issued:Dec 19, 2023
  • Rating Action:New Rating
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:EUU
  • 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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