Automatic Data Processing, Inc. 1.25% 01-SEP-2030Automatic Data Processing, Inc. 1.25% 01-SEP-2030Automatic Data Processing, Inc. 1.25% 01-SEP-2030

Automatic Data Processing, Inc. 1.25% 01-SEP-2030

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Key terms


Outstanding amount
‪1.00 B‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
1.25% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
4.55%
Maturity date
Sep 1, 2030
Term to maturity
5 years

About Automatic Data Processing, Inc. 1.25% 01-SEP-2030


Sector
Technology Services
Industry
Packaged Software
Home page
Issue date
Aug 13, 2020
FIGI
BBG00WM3C1C9
Automatic Data Processing, Inc. engages in the provision of business outsourcing solutions in cloud-based human capital management. It operates through the following business segments: Employer Services, Professional Employer Organization Services, and Other. The Employer Services segment provides clients from single-employee small businesses to large enterprises offering human resources outsourcing and technology-based human capital management solutions and cloud-based platforms. The Professional Employer Organization Services segment offers small and mid-sized businesses a human resource outsourcing solution through a co-employment mode. The Other segment includes the certain corporate overhead charges and expenses that have not been allocated to the reportable segments. The company was founded by Henry Taub in 1949 and is headquartered in Roseland, NJ.
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