Accomplished Emission of EUR 500 Million Notes by Adecco
Adecco Group, a globally recognized HR solutions provider and a Fortune Global 500 company, successfully issued EUR 500 million 7-year notes with a coupon of 1.5% on May 18, 2022. These notes were issued within the framework of the company's Euro Medium-Term Note Programme and will mature on November 22, 2022.
The notes, guaranteed by Adecco's S.A., have a principal amount of EUR 500 million. The issue price was 99.939%, and the redemption price was not specified in the announcement. The proceeds from the notes will be used for general corporate purposes.
As of mid-2025, Adecco Group maintains a BBB+ credit rating with a negative outlook from S&P Global Ratings, reflecting some concerns about future risks. However, no publicly reported new bond issuance by Adecco in 2025 was found in the provided timeframe.
With over 31,000 FTE employees and around 5,100 branches in over 60 countries and territories, Adecco offers a wide variety of services. Every day, the company connects more than 650,000 associates with clients, providing services in temporary staffing, permanent placement, career transition and talent development, as well as outsourcing and consulting.
For press inquiries, contact [email protected] or +41 (0) 44 878 87 87. For investor relations, contact [email protected] or +41 (0) 44 878 89 89. The company's S.A. is registered in Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN).
It is important to note that Adecco's forward-looking statements are based on information available as of the date of the release and involve risks and uncertainties. To stay updated on recent bond issues from Adecco, monitoring specialized financial platforms like Cbonds or company investor relations pages may provide updates as they occur.
- Adecco Group, a leading HR solutions provider, utilizes the proceeds from temporary Notes for various corporate purposes, including temporary staffing, permanent placement, career transition, talent development, and outsourcing.
- In the realm of business operations, Adecco Group offers a broad spectrum of services, including but not limited to finance, human resources, and consulting.
- Adecco Group, with a strong global presence, connects over 650,000 associates daily with clients in more than 60 countries and territories, providing solutions for temporary staffing, permanent placement, career transition, talent development, and outsourcing.
- As of mid-2025, despite some projected risks, Adecco Group maintains a BBB+ credit rating, indicating ongoing business operations in areas such as finance, human resources, and talent development.
