Financial press Release

Adecco successfully issued EUR 400 million Notes

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Adecco successfully issued EUR 400 million Notes

Zurich, Switzerland, July 9, 2013: Adecco Group, the world’s leading provider of Human Resources solutions, successfully issued EUR 400 million 6-year notes with a coupon of 2.750%. The proceeds will be used for general corporate purposes including the refinancing of existing 5-year guaranteed Euro medium-term notes due April 28, 2014.

Yesterday, the Adecco Group successfully issued EUR 400 million 2.750% notes due November 15, 2019. The notes were issued through Adecco International Financial Services BV, guaranteed by Adecco S.A., within the framework of Adecco’s Euro MediumTerm Note Programme. The proceeds will be used for general corporate purposes including the refinancing of existing 5-year guaranteed Euro medium-term notes due April 28, 2014.

 

The details of the notes are as follows:

 

 2019 notes

 

 Principal amount:

EUR 400 million

 Coupon:

2.750% p.a.

 Maturity:

November 15, 2019

 Issue price:

99.911%

 Redemption price:

100%

 

 

The expected settlement date for the notes is July 16, 2013.

 

Adecco Group is currently rated as follows by international rating agencies: Standard & Poor’s (BBB stable) and Moody’s (Baa3 stable).

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