THE ADECCO GROUP ISSUED JPY 7 BILLION NOTESApril 10, 2019
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:
JPY 7 billion
12 April 2039
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)