Friday, May 17, 2024
English English French Spanish Italian Korean Japanese Russian Hindi Chinese (Simplified)

Omnicom and its subsidiary, Omnicom Finance Holdings plc, have disclosed the pricing details of the Issuer’s public offering of €600 million aggregate principal amount of 3.700% Senior Notes due 2032 .

The Notes will carry an annual interest rate of 3.700% and will mature on March 6, 2032. Fully and unconditionally guaranteed by Omnicom, they will constitute unsecured and unsubordinated obligations of the Issuer and Omnicom, respectively, ranking equally in right of payment with all existing and future unsecured senior indebtedness.

Proceeds from the offering are earmarked for general corporate purposes, encompassing working capital expenditures, fixed asset investments, acquisitions, repayment of commercial paper and short-term debt, debt refinancing, repurchases of Omnicom’s common stock, or other capital transactions.

An application will be submitted to list the Notes on The New York Stock Exchange, subject to approval. However, Omnicom will not be obligated to maintain such listing, reserving the right to delist the Notes at its discretion.

Subscribe

* indicates required

The Enterprise is an online business news portal that offers extensive reportage of corporate, economic, financial, market, and technology news from around the world. Visit to explore daily national, international & business news, track market movements, and read succinct coverage of significant events. The Enterprise is also your reach vehicle to connect with, and read about senior business executives.

Address: 150th Ct NE, Redmond, WA 98052-4166

©2024 The Enterprise – All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept