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THE ADECCO GROUP ISSUED JPY 6 BILLION NOTES

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THE ADECCO GROUP ISSUED JPY 6 BILLION NOTES

Zurich, Switzerland, 4 October 2018: The Adecco Group, the world’s leading HR solutions partner, successfully issued JPY 6 billion Senior Fixed-Rate 15-year Notes with a coupon of 1.05%.

Yesterday, the Adecco Group successfully issued JPY 6 billion (approximately EUR 46 million) of 1.05% guaranteed notes due 3 October 2033. The notes were issued by Adecco Financial Services (North America), LLC, guaranteed 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:

 

2033 notes

 

Principal amount:

JPY 6 billion

Coupon:

1.05% p.a.

Maturity:

3 October 2033

Issue price:

100.00%

Redemption price:

100%

 

The settlement date was 3 October 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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