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Issue of Debt 
 
The Adecco Group issued CHF 225 million Notes 
 
Zurich, Switzerland, 7 May 2020: The Adecco Group, the world's leading HR 
solutions partner, successfully issued CHF 225 million Senior Fixed-Rate 
5.5-year Notes with a coupon of 0.875%. 
 
Yesterday, the Adecco Group successfully issued CHF 225 million of 0.875% notes 
due 27 November 2025. The notes were issued 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: 
 
+-----------------+----------------+ 
|                 |                | 
|                 |                | 
|                 |                | 
|                 |                | 
|2025 notes       |                | 
+-----------------+----------------+ 
|Principal amount:|CHF 225 million | 
+-----------------+----------------+ 
|Coupon:          |0.875% p.a.     | 
+-----------------+----------------+ 
|Maturity:        |27 November 2025| 
+-----------------+----------------+ 
|Issue price:     |100.102%        | 
+-----------------+----------------+ 
|Redemption price:|100%            | 
+-----------------+----------------+ 
The settlement date for the notes is 27 May 2020. 
 
Adecco Group AG is currently rated as follows by the international rating 
agencies: 
Moody's (Baa1 stable) 
Standard & Poor's (BBB+ stable) 
 
This represents the largest of the three CHF notes outstanding for the Group 
after the CHF 125 million which matures in December 2020 and the CHF 100 million 
which matures in 2026. 
 
For further information please contact: 
 
The Adecco Group Investor Relations 
 
investor.relations@adeccogroup.com or +41 (0) 44 878 88 88 
 
The Adecco Group Press Office 
 
media@adeccogroup.com or +41 (0) 44 878 87 87 
 
adeccogroup.com 
 
Facebook: facebook.com/theadeccogroup 
 
Twitter: @AdeccoGroup 
 
Financial Agenda 
 
 · Q2 2020 results 6 August 2020 
 · Q3 2020 results 3 November 2020 
 · Capital Markets Day 2 December 2020 
 
Forward-looking statements 
Information in this release may involve guidance, expectations, beliefs, plans, 
intentions or strategies regarding the future. These forward-looking statements 
involve risks and uncertainties. All forward-looking statements included in this 
release are based on information available to Adecco Group AG as of the date of 
this release, and we assume no duty to update any such forward-looking 
statements. The forward-looking statements in this release are not guarantees of 
future performance and actual results could differ materially from our current 
expectations. Numerous factors could cause or contribute to such differences. 
Factors that could affect the Company's forward-looking statements include, 
among other things: global GDP trends and the demand for temporary work; changes 
in regulation of temporary work; intense competition in the markets in which the 
Company operates; integration of acquired companies; changes in the Company's 
ability to attract and retain qualified internal and external personnel or 
clients; the potential impact of disruptions related to IT; any adverse 
developments in existing commercial relationships, disputes or legal and tax 
proceedings. 
 
About the Adecco Group 
 
The Adecco Group is the world's leading HR solutions company. We believe in 
making the future work for everyone, and every day enable more than 3.5 million 
careers. We skill, develop, and hire talent in 60 countries, enabling 
organisations to embrace the future of work. As a Fortune Global 500 company, we 
lead by example, creating shared value that fuels economies and builds better 
societies. Our culture of inclusivity, entrepreneurship and teamwork empowers 
our 34,000 employees, who voted us number 11 on the Great Place to Work® - 
World's Best Workplaces 2019 list. 
 
The Adecco Group AG is headquartered in Zurich, Switzerland (ISIN: CH0012138605) 
and listed on the SIX Swiss Exchange (ADEN) and powered by the global lead 
brands: Adecco, Adia, Badenoch + Clark, General Assembly, LHH, Modis, Pontoon, 
Spring Professional and Vettery. 
 
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(END) Dow Jones Newswires

May 07, 2020 01:01 ET (05:01 GMT)