Obligation Adecco Global Finance B.V. 1.5% ( XS1237184533 ) en EUR

Adecco Global Finance B.V.

100 % ▼

Suisse

XS1237184533 ( en EUR )

1.5% par an ( paiement annuel )

21/11/2022 - Obligation échue

Prospectus brochure de l'obligation Adecco International Financial Services B.V XS1237184533 en EUR 1.5%, échue

100 000 EUR

300 005 000 EUR

Adecco International Financial Services B.V. est une entité juridique néerlandaise appartenant au groupe Adecco, spécialisée dans les services financiers et les opérations liées à la gestion des ressources humaines pour le compte du groupe à l'échelle internationale.

L'Obligation émise par Adecco Global Finance B.V. ( Suisse ) , en EUR, avec le code ISIN XS1237184533, paye un coupon de 1.5% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 21/11/2022

FINAL TERMS
20 May 2015
ADECCO INTERNATIONAL FINANCIAL SERVICES B.V.
Issue of EUR 500,000,000 1.500 per cent. Notes due 22 November 2022
unconditionally and irrevocably guaranteed by ADECCO S.A.
under the EUR 3,000,000,000
Euro Medium Term Note Programme

PART A CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Base
Prospectus dated 11 May 2015 which constitutes a base prospectus for the purposes of Directive 2003/71/EC (and
amendments thereto, including Directive 2010/73/EU) (the Prospectus Directive). This document constitutes the Final
Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in
conjunction with the Base Prospectus. Full information on the Issuer, the Guarantor and the offer of the Notes is only
available on the basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus is
available for viewing at http://www.adecco.com/en-US/investors/DebtOverview/Documents/base-prospectus-of-may-
11-2015.pdf and copies may be obtained from the offices of the Principal Paying Agent at One Canada Square, London
E14 5AL, United Kingdom.

1.
(a)
Issuer:
Adecco International Financial Services B.V., with its
corporate seat at Utrecht, The Netherlands

(b)
Guarantor:
Adecco S.A.
2.
(a)
Series Number:
7

(b)
Tranche Number:
1

(c)
Date on which the Notes will be
Not Applicable

consolidated and form a single Series:
3.
Specified Currency or Currencies:
Euro (EUR)
4.
Aggregate Nominal Amount:

(a)
Series:
EUR 500,000,000

(b)
Tranche:
EUR 500,000,000
5.
Issue Price:
99.939 per cent. of the Aggregate Nominal Amount
6.
(a)
Specified Denominations:
EUR 100,000 and integral multiples of EUR 1,000 in
excess thereof up to and including EUR 199,000. No
Notes in definitive form will be issued with a
denomination above EUR 199,000.

(b)
Calculation Amount:
EUR 1,000
7.
(a)
Issue Date:
22 May 2015

(b)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
22 November 2022
9.
Interest Basis:
1.500 per cent. Fixed Rate
10.
Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the
Maturity Date at 100 per cent. of their nominal
amount.

1

11.
Change of Interest Basis:
Not Applicable
12.
Put/Call Options:
Issuer Call
Change of Control Put
(see paragraphs 17 and 19, respectively, below)
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13.
Fixed Rate Note Provisions:
Applicable

(a)
Rate(s) of Interest:
1.500 per cent. per annum payable annually in arrear
on each Interest Payment Date

(b)
Interest Payment Date(s):
22 November in each year from and including 22
November 2015 up to and including the Maturity Date

(c)
Fixed Coupon Amount(s):
EUR 15.00 per Calculation Amount except for the
Interest Payment Date falling on 22 November 2015
(see paragraph 13(d) below)

(Applicable to Notes in definitive form.)

(d)
Broken Amount(s):
EUR 7.56 per Calculation Amount, payable on the
(Applicable to Notes in definitive form.)
Interest Payment Date falling on 22 November 2015

(e)
Day Count Fraction:
Actual/Actual (ICMA)

(f)
Determination Date(s):
22 November in each year
14.
Floating Rate Note Provisions:
Not Applicable
15
Zero Coupon Note Provisions:
Not Applicable
PROVISIONS RELATING TO REDEMPTION
16.
Notice periods for Condition 7.2:
Minimum period: 30 days
Maximum period: 60 days
17.
Issuer Call:
Applicable

(a)
Optional Redemption Date(s):
(1) Par Call:
Any day during the period from and including the day
that is 90 days prior to the Maturity Date to but
excluding the Maturity Date
(2) Call at Make-Whole Amount:
Any day from and including the Issue Date to but
excluding the day that is 90 days prior to the Maturity
Date

(b)
Optional Redemption Amount:
(1) Par Call:
EUR 1,000 per Calculation Amount
(2) Call at Make-Whole Amount:
Make-Whole Amount:
Quotation Time: 11:00 a.m. Frankfurt time
Determination Date: 3 business days
immediately
preceding
the
Optional
Redemption Date
Reference Bond: DBR 1.500 per cent. due
September 2022
Redemption Margin: 0.18 per cent.

(c)
Condition 7.5 applies:
Not Applicable

(d)
If redeemable in part:
Not Applicable

2

(e)
Notice periods:
Minimum period: 15 days
Maximum period: 30 days
18.
Investor Put:
Not Applicable
19.
Change of Control Put:
Applicable

(a)
Optional Redemption Amount:
EUR 1,000 per Calculation Amount
(b)
Notice Periods:
Minimum period: 15 days
Maximum period: 30 days
20.
Final Redemption Amount:
EUR 1,000 per Calculation Amount
21.
Early Redemption Amount payable on redemption
EUR 1,000 per Calculation Amount
for taxation reasons or on event of default:
22.
Tax Gross-Up:
Applicable
GENERAL PROVISIONS APPLICABLE TO THE NOTES
23.
Form of Notes:

(a)
Form:
Bearer Notes

Temporary Global Note exchangeable for a Permanent
Global Note which is exchangeable for Definitive
Notes only upon a Bearer Exchange Event

(b)
New Global Note:
Yes
24.
Additional Financial Centre(s):
Not Applicable
25.
Talons for future Coupons to be attached to
No
Definitive Notes:

3

PART B OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING

(i)
Listing and Admission to trading:
Application has been made by the Issuer (or on its
13.4.10©
behalf) for the Notes to be admitted to trading on the
London Stock Exchange's Regulated Market and for
listing on the Official List of the UK Listing
Authority) with effect from 22 May 2015.

(ii)
Estimate of total expenses related to
GBP 3,600
admission to trading:
2.
RATINGS

Ratings:
The Notes to be issued have been rated:
Baa2 by Moody's Investors Service, Ltd.
BBB+ by Standard & Poor's Credit Market Services
Europe Ltd.
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save for any fees payable to the Managers, so far as the Issuer is aware, no person involved in the issue of the
Notes has an interest material to the offer. The Managers and their affiliates have engaged, and may in the
future engage, in investment banking and/or commercial banking transactions with, and may perform other
services for, the relevant Issuer, the Guarantor and their affiliates in the ordinary course of business
4.
YIELD (Fixed Rate Notes only)

Indication of yield:
1.509 per cent. per annum

The yield is calculated at the Issue Date on the basis of
the Issue Price. It is not an indication of future yield.
5.
OPERATIONAL INFORMATION

(i)
ISIN:
XS1237184533

(ii)
Common Code:
123718453

(iii) Any clearing system(s) other than
Not Applicable
Euroclear Bank SA/NV and Clearstream
Banking, société anonyme and the
relevant identification number(s):

(iv)
Delivery:
Delivery against payment

(v)
Names and addresses of additional Paying
Not Applicable
Agent(s) (if any):

(vi)
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D

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