Core Viewpoint - Omnicom has announced the pricing of public offerings for senior notes totaling $1.7 billion in the U.S. and €600 million in Europe, aimed at refinancing existing debt and supporting general corporate purposes [1]. USD Notes Offering - The USD Notes consist of three tranches: $600 million of 5.300% Senior Notes due 2036, $700 million of 5.000% Senior Notes due 2033, and $400 million of 4.200% Senior Notes due 2029 [1]. - The offerings are expected to close on March 2, 2026, pending customary closing conditions [1]. - The net proceeds will be used to repay $1.4 billion of 3.600% Senior Notes due April 15, 2026, and for general corporate purposes, including working capital, acquisitions, and debt refinancing [1]. Euro Notes Offering - The Euro Notes offering includes €600 million of 3.850% Senior Notes due May 2, 2034, fully guaranteed by Omnicom [1]. - The Euro Notes will rank equally with existing and future unsecured senior indebtedness [1]. - An application will be made for the Euro Notes to be listed on The New York Stock Exchange, subject to approval [1]. Underwriters - Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. are joint global coordinators and book-running managers for the USD Notes offering [1]. - Citigroup Global Markets Limited and Deutsche Bank AG, London Branch are joint global coordinators for the Euro Notes offering [1].
OMNICOM PRICES SENIOR NOTES OFFERINGS