OREANDA-NEWS. Adecco Group, the world’s leading provider of Human Resources solutions, successfully issued EUR 500 million 7-year notes with a coupon of 1.5%. The proceeds will be used for general corporate purposes.

Yesterday, the Adecco Group successfully issued EUR 500 million 1.5% guaranteed notes due November 22, 2022. The notes were issued through Adecco International Financial Services BV, guaranteed by Adecco S.A., within the framework of Adecco’s Euro Medium-Term Note Programme. The proceeds will be used for general corporate purposes.

The details of the notes are as follows:

2022 notes

Principal amount:

EUR 500 million

Coupon:

1.500% p.a.

Maturity:

November 22, 2022

Issue price:

99.939%

Redemption price:

100%

The expected settlement date for the notes is May 22, 2015.

Adecco Group is currently rated as follows by international rating agencies: Standard & Poor’s (BBB+ stable) and Moody’s (Baa2 stable).

About the Adecco Group

The Adecco Group, based in Zurich, Switzerland, is the world’s leading provider of HR solutions. With more than 31,000 FTE employees and around 5,100 branches in over 60 countries and territories around the world, Adecco Group offers a wide variety of services, connecting more than 650,000 associates with our clients every day. The services offered fall into the broad categories of temporary staffing, permanent placement, career transition and talent development, as well as outsourcing and consulting. The Adecco Group is a Fortune Global 500 company. About the Adecco Group.

Adecco S.A. is registered in Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN).