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Omnicom intends to price senior notes via seven bookrunners
By Aleesia Forni
New York, March 28 – Omnicom Group Inc. and Omnicom Capital Inc. plan to sell an offering of senior notes, according to a 424B2 filed with the Securities and Exchange Commission.
Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Wells Fargo Securities LLC, BNP Paribas Securities Corp. HSBC Securities (USA) Inc. and U.S. Bancorp Investments Inc. are the bookrunners.
The portion of notes issued by Omnicom Capital is guaranteed by Omnicom Group.
Proceeds will be used to retire its $1 billion of 5.9% notes due April 15, 2016 and for general corporate purposes, which may include working capital, fixed asset expenditures, acquisitions, debt refinancing, repurchases of common stock or other capital transactions.
The global marketing and corporate communications company is based in New York City.
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