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.

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