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THE ADECCO GROUP ISSUED JPY 7 BILLION NOTES

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THE ADECCO GROUP ISSUED JPY 7 BILLION NOTES

Zurich, Switzerland, 10 April 2019: The Adecco Group, the world’s leading HR solutions partner, successfully issued JPY 7 billion Senior Fixed-Rate 20-year Notes with a coupon of 1.14%.

Yesterday, the Adecco Group successfully issued JPY 7 billion (approximately EUR 56 million) of 1.14% guaranteed notes due 12 April 2039. 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:

 

2039 notes

 

Principal amount:

JPY 7 billion

Coupon:

1.14% p.a.

Maturity:

12 April 2039

Issue price:

100.00%

Redemption price:

100%

 

The settlement date is 12 April 2019.

 

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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