Omnicom and interpublic announce exchange offers and consent solicitations
New york , aug. 11, 2025 /prnewswire/ -- omnicom group inc. ("omnicom") (nyse: omc) and the interpublic group of companies, inc. ("ipg") (nyse: ipg) today announced that in connection with omnicom's pending transaction to acquire ipg contemplated by the agreement and plan of merger, dated as of december 8, 2024 (such transaction, the "merger"), omnicom has commenced offers to eligible holders (as defined below) to exchange (each an "exchange offer" and, collectively the "exchange offers") any and all outstanding 4.650% notes due 2028 (the "existing ipg 2028 notes"), 4.750% notes due 2030 (the "existing ipg 2030 notes"), 2.400% notes due 2031 (the "existing ipg 2031 notes"), 5.375% notes due 2033 (the "existing ipg 2033 notes"), 3.375% notes due 2041 (the "existing ipg 2041 notes") and 5.400% notes due 2048 (the "existing ipg 2048 notes" and together with the existing ipg 2028 notes, the existing ipg 2030 notes, the existing ipg 2031 notes, the existing ipg 2033 notes and the existing ipg 2041 notes, the "existing ipg notes") for (1) up to $2,950,000,000 aggregate principal amount of new senior notes to be issued by omnicom (the "new omnicom notes"), and (2) cash, as set forth in the table below. the exchange offers and consent solicitations (as defined herein) are being conducted in connection with, and are conditioned upon, among other things, the completion of the merger.
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