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In a recent development, Our Group AG, a leading global talent advisory and solutions company, has announced the issuance of a new bond with a principal amount of CHF 300 million. The bond, maturing in five years, is listed on the SIX Swiss Exchange (ADEN) and will be used for general corporate purposes.
The bond, set to settle on November 17, 2022, comes with an annual coupon of 2.3775%. Our Group AG, headquartered in Zurich, Switzerland, is rated Baa1 stable by Moody's and BBB+ stable by Standard & Poor's.
Our Group AG operates in around 60 countries and is known as the world's leading talent advisory and solutions company. However, it appears that the company is not extensively covered in the provided sources, with financial updates from companies like Novartis, Sportradar Group AG, Generali Group, and Hochtief being more prevalent.
Despite the lack of extensive coverage in the search results, the financial status, ratings, and general corporate information of Our Group AG remain unavailable without explicit data or well-known public information. It is advisable to check official company filings, financial databases, or the company's own investor relations communications for the most up-to-date and precise information.
The release contains forward-looking statements about the future, which involve risks and uncertainties and may differ from actual results. Factors that could affect these statements include global GDP trends, demand for temporary work, impact of COVID-19, changes in regulation, integration of acquired companies, personnel and client retention, IT disruptions, and commercial relationships.
For further information, interested parties are encouraged to contact Our Group AG's Investor Relations or Press Office via the provided contact details. It should be noted that no duty is assumed to update any such forward-looking statements.
The bond issuance by Our Group AG, a leading global talent advisory and solutions company, may indicate their strategic planning for the future of work, as the funds can be used for various business purposes, potentially including expansion or technological advancements.
Despite the lack of extensive coverage, understanding the company's financial standing can provide insights into the future of work finance landscape. With their stable ratings, parties may consider exploring Our Group AG's financial reports or investor relations for more information on this topic.