INVESTOR RELATIONS CENTER

Adecco Group AG

News Detail

Press Release News vom 15.11.2017

The Adecco Group Successfully issues USD 300 million Notes

Yesterday, the Adecco Group successfully issued USD 300 million 2.625% guaranteed notes due 21 November, 2021. The notes were issued through Adecco International Financial Services BV, guaranteed by Adecco Group AG, within the framework of Adecco's Euro Medium-Term Note Programme. The proceeds will be used for general corporate purposes.

 

 

The details of the notes are as follows:

 

 2021 notes

 

 

 Principal amount:

USD 300 million

 

 Coupon:

2.625% p.a.

 

 Maturity:

21 November 2021

 

 Issue price:

99.334%

 

 Redemption price:

100%
 

 

 

The expected settlement date for the notes is 21 November, 2017.

 

Adecco Group AG is currently rated as follows by international rating agencies: Standard & Poor's (BBB+ stable) and Moody's (Baa1 stable).

 

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