debt
confidence high
sentiment neutral
materiality 0.50
Omnicom subsidiary prices €600M of 3.700% Senior Notes due 2032
OMNICOM GROUP INC.
- €600M aggregate principal of 3.700% Senior Notes due 2032 priced by Omnicom Finance Holdings plc.
- Notes are fully and unconditionally guaranteed by Omnicom Group Inc.; expected close March 6, 2024.
- Net proceeds of ~€593.9M for general corporate purposes, including acquisitions or stock buybacks.
- Underwriters: Barclays, BNP Paribas, HSBC, J.P. Morgan; underwriting agreement filed as Exhibit 1.1.