22 Aprilie 2009
Adecco issues 500 million euro bond
Adecco group, one of the world’s largest human resources company, said it had placed a 5-year 500 million euros bond with a coupon of 7.625%.
The bonds are issued by Adecco International Financial Services B.V and guaranteed by Adecco S.A.
The proceeds will further increase the Group's financial flexibility with respect to the refinancing of the outstanding zero-coupon convertible bond as well as for general corporate purposes.
The 5-year 500 million-euro bond is issued within the framework of the recently established Euro Medium Term Note program and trades on the London Stock Exchange.
Adecco S.A. is currently rated as follows by international rating agencies: Standard & Poor's (BBB, negative outlook) and Moody's (Baa2, stable).
Established in Switzerland in 1996, Adecco is a considered by Fortune magazine as the global leader in human resources services and among top 500 most solid companies worldwide.
Adecco Group operates in 67 countries, including Romania, delivering staffing and career resources since 2000.
The proceeds will further increase the Group's financial flexibility with respect to the refinancing of the outstanding zero-coupon convertible bond as well as for general corporate purposes.
The 5-year 500 million-euro bond is issued within the framework of the recently established Euro Medium Term Note program and trades on the London Stock Exchange.
Adecco S.A. is currently rated as follows by international rating agencies: Standard & Poor's (BBB, negative outlook) and Moody's (Baa2, stable).
Established in Switzerland in 1996, Adecco is a considered by Fortune magazine as the global leader in human resources services and among top 500 most solid companies worldwide.
Adecco Group operates in 67 countries, including Romania, delivering staffing and career resources since 2000.