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For more information, please contact:
Machteld Merens/Jan-Pieter van Winsen
Telephone: + 31 20 569 5623
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Randstad secures Japanese syndicated credit facility

Randstad secures Japanese syndicated credit facility

 

Randstad has secured a syndicated credit facility with a group of Japanese banks which amounts to JPY 8 billion (around € 80 million). This facility will have similar conditions as the forward start multi currency credit facility of € 1,420 million, which will be used as from May 2013. The maturity of the Japanese credit facility will be 3 years.

This transaction is part of the refinancing of the existing credit facility of € 1.8 billion. Following this transaction and the announcement on preference shares C, the committed refinancing now stands at around € 1.6 billion. We remain confident to refinance the remaining part as soon as possible.

Randstad profile
Randstad specializes in solutions in the field of flexible work and human resources services. Our services range from regular temporary staffing and permanent placement to inhouse, professionals, search & selection, and HR Solutions. The Randstad Group is one of the leading HR services providers in the world with top three positions in Argentina, Belgium & Luxembourg, Canada, Chile, France, Germany, Greece, India, Mexico, the Netherlands, Poland, Portugal, Spain, Switzerland, the UK, and the United States as well as major positions in Australia and Japan. In 2011 Randstad had approximately 28,700 corporate employees and around 4,700 branches and inhouse locations in 40 countries around the world. Randstad generated a revenue of € 16.2 billion in 2011. Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. Randstad Holding nv is listed on the NYSE Euronext Amsterdam, where options for stocks in Randstad are also traded. For more information see www.randstad.com.

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