Omnicom says $3.2 million LYONs put back

New York, Feb. 5 - Omnicom Group Inc. said just $3.2 million of its $850 million Liquid Yield Option Notes due 2031 were put back to the company by the put exercise deadline of Feb. 4.

The New York-based marketing and corporate communications company had previously added a sweetener to the issue to discourage exercise of the put. Holders of record as of immediately after the close of business on Feb. 4 who did not exercise the put will receive an additional $30 per $1,000 principal amount, with payment on Feb. 21.

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