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Moody’s affirms Omnicom
Moody's Investors Service said it affirmed Omnicom Capital Inc.'s Prime-2 commercial paper rating.
The outlook is stable.
“Omnicom Capital's Prime-2 commercial paper rating benefits from a payment guaranty from its parent and reflects Omnicom's Baa1 stable rating and considerable scale as the world's second largest advertising agency holding company combined with a customer-centric business model that delivers strong creative execution, valuable market insight and competitive marketing service product offerings that drive sizable annual cash flow generation,” the agency said in a news release.
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