Attached files
file | filename |
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8-K - CURRENT REPORT - OMNICOM GROUP INC. | e39584_8k.htm |
EX-5.2 - OPINION OF GILBRIDE, TUSA, LAST & SPELLANE LLC - OMNICOM GROUP INC. | e39584ex5-2.htm |
EX-1.1 - UNDERWRITING AGREEMENT - OMNICOM GROUP INC. | e39584ex1_1.htm |
EX-5.1 - OPINION OF JONES DAY - OMNICOM GROUP INC. | e39584ex5-1.htm |
EX-12.1 - RATIO OF EARNINGS TO FIXED CHARGES - OMNICOM GROUP INC. | e39584ex12_1.htm |
Exhibit 99.1
Omnicom Prices $1.0 Billion Senior Notes Offering
NEW YORK, August 2, 2010 /PRNewswire via COMTEX/ Omnicom Group Inc. (NYSE: OMC), together with its wholly owned direct finance subsidiaries, Omnicom Capital Inc. and Omnicom Finance Inc., today announced the pricing of their public offering of $1.0 billion aggregate principal amount of 4.450% Senior Notes due 2020 (the Notes). The Notes will mature on August 15, 2020. The transaction is expected to close on August 5, 2010. The issuers intend to use the net proceeds from the offering for general corporate purposes, which could include working capital expenditures, fixed asset expenditures, acquisitions, refinancing of other debt, repurchases of common stock or other capital transactions.
The Notes will bear interest at a rate of 4.450 percent per annum, will be the joint and several unsecured and unsubordinated obligations of Omnicom Group Inc., Omnicom Capital Inc. and Omnicom Finance Inc., and will rank equal in right of payment to all of their respective existing and future unsecured senior indebtedness.
The Notes are being offered pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission and a preliminary prospectus supplement and accompanying prospectus describing the terms of the offering have been filed with the Securities and Exchange Commission. This announcement is neither an offer to sell nor a solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offers for the Notes will be made exclusively by means of a prospectus and prospectus supplement. The Notes will not be listed on any securities exchange. Copies of the prospectus supplement and prospectus relating to the offer and sale of the Notes may be obtained for free by visiting EDGAR on the SEC Web site at http://www.sec.gov. Alternatively, the issuers, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities Inc. collect at 1-212-834-4533, Banc of America Securities toll-free at (800) 294-1322, Citigroup Global Markets Inc. toll-free at (800) 831-9146, Deutsche Bank Securities Inc. toll-free at 800-503-4611 or HSBC Securities (USA) Inc. toll-free at (866) 811-8049.
Omnicom Group Inc. (NYSE: OMC) is a leading global marketing and corporate communications company. Omnicoms branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.
Forward-Looking
Statements
Certain of the statements in
this press release constitute forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. In addition, from
time to time, we or our representatives have made or may make forward-looking
statements, orally or in writing. These statements relate to future events or
future financial performance and involve known and unknown risks and other
factors that may cause our actual or our industrys results, levels of activity
or achievement to be materially different from those expressed or implied by
any forward-looking statements. These risks and uncertainties include, but are
not limited to, our future financial condition and results of operations, global
economic conditions and renewed turmoil in the credit markets, losses on media
purchases on behalf of clients, reductions in client spending and/or a slowdown
in client payments, competitive factors, changes in client communication
requirements, the hiring and retention of personnel, our ability to attract new
clients and retain existing clients, changes in government regulations
impacting our advertising and marketing strategies, risks associated with
assumptions we make in connection with our critical accounting estimates and
our international operations, which are subject to the risks of currency
fluctuations and exchange controls. In some cases, forward-looking statements
can be identified by terminology such as may, will, could, would, should,
expect, plan, anticipate, intend, believe, estimate, predict,
potential or continue or the negative of those terms or other comparable
terminology. These statements are present expectations. We undertake no
obligation to update or revise any forward-looking statement, except as
required by law.
CONTACT:
Randall Weisenburger
Omnicom Group Inc.
+1-212-415-3393