Successful placement of hybrid bond
Group press release, Zurich, Switzerland, April 16, 2026: Adecco Group AG (the “Company” or “Adecco Group”) has successfully placed EUR 450 million subordinated fixed-to-reset rate 30NC5.25 hybrid bonds maturing in 2056 (the “Hybrid Bond”). The bonds are to be listed on the main market of the London Stock Exchange.
Hybrid Bond:
Issuer: Adecco International Financial Services B.V.
Guarantor: Adecco Group AG
Amount: EUR 450 million
First Reset Date: 23 July 2031 (5.25 years)
Maturity: 23 April 2056
Coupon: 4.875% payable annually in arrears up to and including the First Reset Date and thereafter the coupon will be reset every five years at the 5 year swap rate plus the initial margin plus any applicable step-up.
Adecco Group intends to use the net proceeds from the new hybrid issuance for general corporate purposes including the repayment of its existing hybrid security.About The Adecco Group
The Adecco Group is the world’s leading talent and technology expertise company. Our purpose is making the future work for everyone. Through our three global business units - Adecco, Akkodis and LHH - across 60 countries, we enable sustainable and lifelong employability for individuals, deliver digital and engineering solutions to power the Smart Industry transformation and empower organizations to optimize their workforces. The Adecco Group leads by example and is committed to fostering sustainable employability and supporting resilient economies and communities. Adecco Group AG is headquartered in Zurich, Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN).
For further information please contact:
Investor Relations
investor.relations@adeccogroup.com
+41 (0)44 878 88 88
Press Office
+41 (0)79 876 09 21