trending Market Intelligence /marketintelligence/en/news-insights/trending/up7zlOvQ1Gp0PMuMwPyFuA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Omnicom closes $1.4B debt offering

TMT News & Research: 2020 Recap

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Quibi's $2 billion bet on mobile video fizzles out

Cable nets struggle with cash flow declines due to cord cutting, pandemic


Omnicom closes $1.4B debt offering

Omnicom Group Inc.and unit Omnicom Capital Inc.on April 6 closed theiroffering of $1.4 billion in 3.600% senior notes due 2026.

The companies expect to use the net proceeds from the offeringto retire their $1.0 billion of outstanding 5.90% senior notes due 2016 at maturityon April 15, and for general corporate purposes, including working capital expenditures,fixed asset expenditures, acquisitions, refinancing of other debt, repurchases ofOmnicom Group's common stock or other capital transactions.