Moody’s assigns Baa1 to Omnicom notes

Moody’s Investors Service said it assigned a Baa1 rating to Omnicom Finance Holdings plc's proposed euro senior unsecured notes and assigned a stable outlook. Omnicom Finance is a wholly-owned indirect subsidiary of Omnicom Capital Holdings plc, which will guarantee the new senior notes

The agency said it also affirmed the Baa1 ratings for Omnicom Finance and Omnicom Capital.

The proceeds will be used for general corporate purposes.

The newly assigned stable outlook is in line with the parent’s stable outlook.

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