Omnicom increases conversion ratio for 0% convertibles due 2032

New York, Sept. 25 - Omnicom Group Inc. said that it increased the conversion ratio for the zero-coupon zero-yield convertible notes due 2032 issued jointly with finance subsidiary Omnicom Capital Inc.

The new ratio is 18.249 shares per $1,000 principal amount, up from 18.18, effective Sept. 24.

Omnicom is a New York-based marketing and corporate communications company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.