Randstad Holding nv, the world’s second largest HR services provider, announces that it has launched a standby facility with Fortis Commercial Finance, part of Fortis Bank Nederland.
The facility offers Randstad the opportunity to sell accounts receivable of its Belgian entities to Fortis Commercial Finance with a maximum of € 125 million.
Randstad considers the facility as an insurance policy to be able to strengthen the balance sheet if needed. Randstad is entitled to activate the facility, which runs for at least 18 months, at any time.
about randstad
Randstad is a global talent leader with the vision to be the world’s most equitable and specialized talent company. As a partner for talent and through our four specializations - Operational, Professional, Digital and Enterprise - we provide clients with the high-quality, diverse and agile workforces that they need to succeed in a talent scarce world. We help people secure meaningful roles, develop relevant skills and find purpose and belonging in their workplace. Through the value we create, we are committed to a better and more sustainable future for all. Headquartered in the Netherlands, Randstad operates in 39 markets and has approximately 40,000 employees. In 2023, we supported 2 million talent to find work and generated a revenue of €25.4 billion. Randstad N.V. is listed on the Euronext Amsterdam. For more information, see www.randstad.com.
for more information
Elise Martin-Davies
+31 (0)6 1322 5136
press@randstad.com