Oreo-Maker Mondelez Joins Rush to Tap Swiss Franc Bond Market

Mondelez International, Inc. is tapping the Swiss franc bond market for the first time, joining a flurry of international firms turning to the currency for debt.

The snacks maker, which owns brands such as Oreo, Cadbury and Milka, is selling a three-part bond across maturities in 2029, 2032 and 2036, according to a person familiar with the matter who asked not to be identified. The company will use the funds to repay debt and for general corporate purposes.