Adecco: completes 6 billion yen bond issue
(CercleFinance.com) - Swiss staffing group Adecco said on Thursday it had completed a 6 billion yen (approximately 46 million euros) bond issue, to be used for general corporate purposes.
The 1.05% guaranteed notes were part of its euro medium-term note program and will mature in 15 years' time, i.e. 2033, it said.
Adecco is currently rated "Baa1" with a stable outlook by Moody's and "BBB+" with a stable outlook at Standard & Poor's.
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