Omnicom and interpublic announce results of early participation in exchange offers and consent solicitations
New york , aug. 25, 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 previously announced offers to exchange (each an "exchange offer" and, collectively the "exchange offers") and solicitation of consents on behalf of ipg (each a "consent solicitation" and, collectively, the "consent solicitations") from eligible holders (as defined below) of a majority in aggregate principal amount outstanding of each series of existing ipg notes (as defined below) (each a "majority noteholder consent" and, collectively, the "majority noteholder consents"), omnicom had, as of 5:00 p.m., new york city time, on august 22, 2025 (the "early tender date"), received valid tenders (and consents thereby validly delivered and not validly revoked) from eligible holders sufficient to constitute a majority noteholder consent for each series of existing ipg notes, which amounts are set forth in the table below: title of series ofexisting ipgnotes cusip number ofexistingipg notes title series ofnew omnicomnotes aggregateprincipalamountoutstanding existing ipg notes tendered at earlytender date principal amount percentage 4.650% notes due2028 (the "existingipg 2028 notes") 460690bp4 4.650% seniornotes due 2028 $500,000,000 $448,348,000 89.67 % 4.750% notes due2030 (the "existingipg 2030 notes") 460690br0 4.750% seniornotes due 2030 $650,000,000 $586,445,000 90.22 % 2.400% notes due2031 (the "existingipg 2031 notes") 460690bt6 2.400% seniornotes due 2031 $500,000,000 $456,839,000 91.37 % 5.375% notes due2033 (the "existingipg 2033 notes") 460690bu3 5.375% seniornotes due 2033 $300,000,000 $276,569,000 92.19 % 3.375% notes due2041 (the "existingipg 2041 notes") 460690bs8 3.375% seniornotes due 2041 $500,000,000 $493,860,000 98.77 % 5.400% notes due2048 (the "existingipg 2048 notes") 460690bq2 5.400% seniornotes due 2048 $500,000,000 $487,848,000 97.57 % $2,950,000,000 $2,749,909,000 93.22 % the consent solicitations are being made (i) to amend each indenture governing each series of the existing ipg notes (each an "existing ipg indenture" and, collectively, the "existing ipg indentures") to eliminate certain of the covenants, restrictive provisions and events of default from such existing ipg indentures (collectively, the "proposed amendments") and (ii) in connection with omnicom's previously announced exchange offers for any and all outstanding existing ipg 2028 notes, existing ipg 2030 notes, existing ipg 2031 notes, existing ipg 2033 notes, existing ipg 2041 notes and existing ipg 2048 notes (collectively, 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, in each case, as further described in the offering memorandum and consent solicitation statement dated august 11, 2025 (the "statement").
