Obligation Adeco Intl Fin. Serv. B.V. 1% ( XS1527526799 ) en EUR

Adeco Intl Fin. Serv. B.V.

100 % ⇌

Suisse

XS1527526799 ( en EUR )

1% par an ( paiement annuel )

02/12/2024 - Obligation échue

Prospectus brochure de l'obligation Adecco Intl Fin. Serv. B.V XS1527526799 en EUR 1%, échue

Adecco Intl Fin. Serv. B.V. est une filiale d'Adecco Group spécialisée dans les services financiers, offrant des solutions de recrutement et de gestion des talents aux institutions financières.

L'Obligation émise par Adeco Intl Fin. Serv. B.V. ( Suisse ) , en EUR, avec le code ISIN XS1527526799, paye un coupon de 1% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 02/12/2024

Final Termsheet

Adecco International Financial Services B.V.
Adecco Group AG
1.000% EUR 500,000,000 Senior Unsecured Notes due 02 December 2024

Indicative Terms and Conditions

Issuer:
Adecco International Financial Services B.V., Zaltbommel, The Netherlands
Guarantor:
Adecco Group AG, Opfikon, Switzerland
Status:
Senior and unsecured
Guarantor / Issue Rating:
Baa1 (stable) by Moody's / expected Baa1 (stable) by Moody's

BBB+ (stable) by S&P / expected BBB+ (stable) by S&P
Currency:
Euro ("EUR")
Trade Date:
23 November 2016
Term of Eurobonds:
8 years

Notional Amount:
EUR 500,000,000

Redemption:
100.00%

Issue / Settlement Date:
02 December 2016

Maturity Date:
02 December 2024

First Coupon payment:
02 December 2017

Coupon Frequency:
Annually in arrear on every 02 December in each
year
Coupon:
1.000%

Day Count Fraction:
Act/Act (ICMA)
Business Day Convention:
Following unadjusted
Business Days:
TARGET and London
Benchmark Bund:
DBR 1% 15 August 2024

Bund Price:
107.895%

Re-offer spread vs. Bund:
113.2 bps

Issuer Call at Optional Redemption Amount, at discount rate of Benchmark Yield
Make-Whole Call:
plus 0.2%
Issuer Call:
Issuer Call at par during period commencing three months prior to the Maturity Date
EUR Mid-swaps yield (p.a.):
0.460%
Re-offer spread vs. mid-swaps:
65 bps
Re-offer yield (p.a.):
1.110%

Issue / Re-offer Price:
99.162%

All-in price:
98.912%

Net Proceeds to the Issuer:
EUR 494,560,000
Base Fee:
0.25%
Global Coordinator :
SG CIB

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Bookrunners:
BAML, ING, Natixis, SG CIB

ISIN / Common Code:
XS1527526799 / 152752679

Early Redemption:
For reasons of Taxation
Change of Control Put:
Noteholder put at par upon a change of control
Clearing:
Clearstream Banking SA ("CB")
Programme:
Debt Issuance Programme dated 17 May 2016, supplemented 8 November 2016
Denominations:
EUR 100,000 and integral multiples of EUR 1,000 in excess thereof
Application for Listing:
Regulated Market of the London Stock Exchange
Governing Law:
English
Form of the Note:
Bearer form represented by a temporary global note and a permanent global note to
be held permanently by CB
New Global Notes:
YES
Selling Restrictions:
RegS, EEA
Use of Proceeds:
General corporate purposes including refinancing
Paying Agent:

The Bank of New York Mellon (Luxembourg) S.A.
Calculation Agent:
The Bank of New York Mellon (Luxembourg) S.A.
Costs:
Bookrunners to equally share own legal counsel costs (Al en & Overy) and
listing fees

Disclaimer
This document has been prepared solely for information purposes. Investment decisions should not be made on the basis of this document. A total loss of the invested capital may
occur. It is not an offer, recommendation or solicitation to buy or sell, nor is it an official confirmation of terms. No representation is made that the information contained in the
document is accurate or complete. The information in the document is subject to change. This document should be read together with the full text of the Terms and Conditions and the
Final Terms of the Bonds.

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES.
This document is confidential and has been prepared for information purposes only. This document does not constitute or form a part of any offer or solicitation to purchase or
subscribe for securities in the United States or any jurisdiction in which such offer or solicitation or sale would be unlawful. Securities may not be offered or sold within the United
States or to U.S. persons absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. Any
offering of securities to be made outside the United States will be made by means of a preliminary prospectus or, as applicable, final prospectus, which will contain detailed
information about the issuer making the offer and the securities being offered. Adecco does not intend to register any securities in the United States, and no public offering of
securities will be made in the United States or in any other jurisdiction where such an offering is restricted or prohibited.

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