Adecco Group: Successfully Prices EUR 300 Million Senior Notes

The Adecco Group, the world’s leading talent company, announced today that it has successfully priced EUR 300 million Senior Fixed-Rate Notes in a single tranche.
The new EUR 300 million bond has an eight-year maturity and an annual coupon of 3.4 per cent. The settlement date has been set for October 8, 2024. The bonds were issued by Adecco International Financial Services BV and the net proceeds of the offering will be used for general corporate purposes including repayment of debt maturities.
2032 notes
Principal amount:                EUR 300 million
Coupon:                                3.4% p.a.
Maturity:                               8 October 2032
Adecco Group AG is rated as follows by the international rating agencies: Moody’s (Baa1 stable)      Standard & Poor’s (BBB+ negative)
About The Adecco Group
The Adecco Group is the world’s leading talent company. Our purpose is to make 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 organisations to optimise their workforces. The Adecco Group leads by example and is committed to an inclusive culture, fostering sustainable employability, and supporting resilient economies and communities. The Adecco Group AG is headquartered in Zurich, Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN).
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Adecco Group
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