Loans Tearsheet 01/21/2022 18:33:07

Currency EUR
Exchange Rate 0.85 EUR = 1 USD
Package ID 154087257767
SDC Deal Number 4387032116

Adecco Group AG Closed USD 1181.4 Millions Bridge Loan

Deal Summary
Issue / Announcement Date 07/27/2021 Total Facility Amount (MM) 1,000.00 Use of Proceeds Acquisition Finance
Mandate Date 07/27/2021 Facility Currency Euro Use of Proceeds Notes Credit funds acquisition of Akka
Technologies
Facility Closing Date 07/27/2021 Total Facility Amount (Host MM) 1,000.00 Loan Target Market Western Europe
Financial Close Date of Facility 07/27/2021 S&P Long Term Corporate Debt Facility BBB+
Rating
Signing Date 07/27/2021 Moody's Long Term Corporate Debt Baa1
Facility Rating Number
Maturity Date 07/27/2022 Fitch Long Term Corporate Debt Facility --
Rating Number
Status of Loan Closed Is Rank Eligible (Y/N) Y
Loan Facility Type Bridge Loan Is Loan Amended (Y/N) N
Loan Tranche Type Bridge Loan Amendment Purpose --
Is Facility Oversubscribed (Y/N) N Sustainable Flag (Y/N) N
Issue Date, Closed Date and Financial Close Date based on main tranche

Tier 1 Agents
Tier 1 Agent Tier 1 Agent Role
Societe Generale SA Arranger

Borrower Info
Borrower Borrower Ultimate Parent
Name Adecco Group AG Adecco Group AG
Nationality Switzerland Switzerland
Public Status Public Public
Ticker ADENE ADENE
Primary Listing New York Stock Exchange New York Stock Exchange
TRBC Economic Sector Industrials Industrials
TRBC Business Sector Industrial & Commercial Services Industrial & Commercial Services
TF Macro Industry Consumer Products and Services Consumer Products and Services
TF Mid Industry Employment Services Employment Services
Primary SIC Code 7361 7361
Primary SIC Description Employment agencies Employment agencies
Business Description Adecco Group AG, located in Zurich, Adecco Group AG, located in Zurich,
Switzerland, provides human resource Switzerland, provides human resource
services. Its services include temporary services. Its services include temporary
staffing, permanent placement, staffing, permanent placement,
outsourcing, career transition. The outsourcing, career transition. The
Company was founded in 1996. Company was founded in 1996.

Tranche Details
Transaction Details
Tranche 1
SDC Deal No 4387032116
Issue Date 07/27/2021
Financial Close / Funded Date 07/27/2021
Closing Date 07/27/2021
Main Tranche (Y/N) Y
Tranche Currency Euro
Tranche Original Currency Euro
Description of Issue Bridge Loan due '22
Use of Proceeds Acquisition Finance
Tranche Amount (MM) 1,000.00
Tranche Amount (Host MM) 1,000.00
Original Tranche Amount (Host MM) 1,000.00
Pricing/Fees Details
Tranche 1
Loan Pricing Index --
Pricing Description --
Fixed Pricing Flag (Y/N) N
Loan Fees: Performance Linked Not Available
Fee Description --
Fee Type --
Coupon and Put Details
Tranche 1
Coupon Type Fixed Rate
Coupon Rate (%) na
Yield (%) na
Put Option Type --
Put Option Frequency --
Put Date --
Redemption Information
Tranche 1
Equal Repayment (Y/N) N
Extendible Maturity Flag (Y/N) Y
Loan Repayment Type --
Maturity Date 07/27/2022
Final Maturity Date 07/27/2023
Years to Final Maturity 2.00
Years to Call Protection --
Security Features
Tranche 1
Loan Tranche Type Bridge Loan
Loan Syndicated Type Bilateral
High Yield (Y/N) N
Loan Yield Description Investment Grade
Conversion Security Type Bridge Loan
Fixed Rate Option N
Senior Flag (Y/N) Y
Foreign Issue Flag (Y/N) N
Credit Enhancement Type --
Loan Institutional Flag (Y/N) N
Other Details
Tranche 1
Borrower's Legal Counsel Sullivan & Cromwell
Manager's Legal Counsel No Lawyer
Loan Syndication Agent --

Manager Details
Tranche 1
Managers Roles Managers Commitment Amount (Host Fees (MM)
MM)
Societe Generale SA Arranger 1,000.00 2.50
Total 1,000.00 2.50
Managers sorted based on fees

Key Financials
Short Term Debt After Offering (MM) 293.46
Long Term Debt After Offering (MM) 2,986.28
Total Debt After Offering (MM) 3,279.74

IFR Comments
--

All values provided in EUR, except for the host currency values

Host currency is Euro