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THE ADECCO GROUP ISSUED CHF 100 MILLION NOTES

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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:

 

2026 notes

 

Principal amount:

CHF 100 million

Coupon:

0.875% p.a.

Maturity:

18 September 2026

Issue price:

100.173%

Redemption price:

100%

 

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)

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