Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
OMNICOM GROUP INC. incurred term loan of US$600,000,000 with Citibank, N.A., as administrative agent for the Lenders at a base rate or a term rate, in either case, plus an applicable margin and fees maturing December 31, 2026.
- Instrument
- term loan
- Principal
- US$600,000,000
- Counterparty
- Citibank, N.A., as administrative agent for the Lenders
- Rate
- a base rate or a term rate, in either case, plus an applicable margin and fees
- Maturity
- December 31, 2026
- Event
- incurrence
Exact text from the filing
On January 3, 2024 (the “Effective Date”), Omnicom Group Inc. (“Omnicom Group”) and its wholly owned subsidiary Omnicom Capital Inc. (the “Borrower” and, together with Omnicom Group, the “Loan Parties”) entered into a Delayed Draw Term Loan Agreement (the “Credit Agreement”) with the initial lenders named therein (the “Lenders”), Citibank, N.A., BofA Securities, Inc., Barclays Bank PLC, BNP Paribas Securities Corp., Deutsche Bank Securities Inc., HSBC Securities (USA), Inc., JPMorgan Chase Bank, N.A., Mizuho Bank, Ltd., Société Générale, Sumitomo Mitsui Banking Corporation, TD Securities (USA), LLC, U.S. Bank National Association and Wells Fargo Securities, LLC, as lead arrangers and book managers, and Citibank, N.A., as administrative agent for the Lenders (the “Agent”). The Credit Agreement has a maturity date of December 31, 2026 and provides for a delayed-draw term loan facility in an aggregate principal amount of US$600,000,000.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
OMNICOM GROUP INC. entered into Delayed Draw Term Loan Agreement with the initial lenders named therein and Citibank, N.A., as administrative agent valued at $600,000,000 (effective 2024-01-03).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- the initial lenders named therein and Citibank, N.A., as administrative agent
- Value
- $600,000,000
- Effective
- 2024-01-03
Exact text from the filing
On January 3, 2024 (the “Effective Date”), Omnicom Group Inc. (“Omnicom Group”) and its wholly owned subsidiary Omnicom Capital Inc. (the “Borrower” and, together with Omnicom Group, the “Loan Parties”) entered into a Delayed Draw Term Loan Agreement (the “Credit Agreement”) with the initial lenders named therein (the “Lenders”), Citibank, N.A., BofA Securities, Inc., Barclays Bank PLC, BNP Paribas Securities Corp., Deutsche Bank Securities Inc., HSBC Securities (USA), Inc., JPMorgan Chase Bank, N.A., Mizuho Bank, Ltd., Société Générale, Sumitomo Mitsui Banking Corporation, TD Securities (USA), LLC, U.S. Bank National Association and Wells Fargo Securities, LLC, as lead arrangers and book managers, and Citibank, N.A., as administrative agent for the Lenders (the “Agent”).
View on SEC.gov