Omnicom Prices Offering of $500 Million Senior Notes With Effective Yield of 2.994%

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Omnicom Group Inc.
OMC
, together with its wholly owned direct finance subsidiary, Omnicom Capital Inc., today announced the pricing of their public offering of $500 million aggregate principal amount of 3.625% Senior Notes due 2022 (the "Notes"). The Notes were priced at 105.287% of face value plus accrued interest from April 23, 2012, resulting in an effective yield of 2.994%. The Notes are an additional issuance of, will be fully fungible with and form a single series with the issuers' $750 million 3.625% Senior Notes due 2022 issued on April 23, 2012, and will have the same CUSIP number. The Notes will mature on May 1, 2022. The transaction is expected to close on August 9, 2012. The issuers intend to use the net proceeds from the offering for general corporate purposes, which could include working capital expenditures, fixed asset expenditures, acquisitions, refinancing of other debt, repurchases of common stock or other capital transactions.
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