THE ADECCO GROUP ISSUED CHF 100 MILLION NOTESSeptember 04, 2018
THE ADECCO GROUP ISSUED CHF 100 MILLION NOTES
Zurich, Switzerland, 4 September 2018: The Adecco Group, the world’s leading HR solutions partner, successfully issued CHF 100 million Senior Fixed-Rate 8-year Notes with a coupon of 0.875%.
Yesterday, the Adecco Group successfully issued CHF 100 million of 0.875% notes due 18 September 2026. The notes were issued by Adecco Group AG, within the framework of Adecco Group's Euro Medium-Term Note Programme. The proceeds will be used for general corporate purposes.
The details of the notes are as follows:
CHF 100 million
18 September 2026
The expected settlement date for the notes is 18 September 2018.
Adecco Group AG is currently rated as follows by the international rating agencies:
Moody’s (Baa1 stable)
Standard & Poor’s (BBB+ stable)