Omnicom Group Inc. and the Interpublic Group of Companies, Inc. have announced an extension of their exchange offers for several outstanding notes and related solicitations of consents on behalf of Interpublic Group. The exchange offers involve the exchange of existing Interpublic Group notes for new senior notes to be issued by Omnicom and cash. The expiration date for these offers has been extended from September 9, 2025, to September 30, 2025.
As of September 8, 2025, the principal amounts of existing Interpublic Group notes that had been validly tendered and not validly withdrawn, along with consents thereby validly delivered and not validly revoked, are as follows: 4.650% notes due 2028: $448,348,000, representing 89.67% of the outstanding principal amount 4.750% notes due 2030: $586,245,000, representing 90.19% of the outstanding principal amount 2.400% notes due 2031: $456,839,000, representing 91.37% of the outstanding principal amount 5.375% notes due 2033: $276,569,000, representing 92.19% of the outstanding principal amount 3.375% notes due 2041: $493,860,000, representing 98.77% of the outstanding principal amount 5.400% notes due 2048: $487,848,000, representing 97.57% of the outstanding principal amount
The early tender date and consent revocation deadline of August 22, 2025, saw Omnicom receive consents sufficient to amend the respective existing Interpublic Group indentures. On that date, Interpublic Group executed a supplemental indenture to the existing indentures to effect the proposed amendments.
The settlement date for the exchange offers and consent solicitations is expected to occur within two business days after the expiration date, subject to certain conditions, including the completion of Omnicom's pending transaction to acquire Interpublic Group.
The regulatory approval process for the merger is progressing, and both companies expect to complete the transaction this year.
The exchange offers and consent solicitations are being made pursuant to the terms and conditions set forth in the offering memorandum and consent solicitation statement dated August 11, 2025. Eligible holders should refer to the statement for details on the risks related to the exchange offers and consent solicitations.
Omnicom has engaged several financial institutions as lead dealer managers and solicitation agents for the exchange offers and consent solicitations.
It's important to note that the new Omnicom notes have not been registered under the securities act or any state or foreign securities laws.
The extension of the expiration date does not alter any other terms of the exchange offers and consent solicitations.
Omnicom (NYSE: OMC) is a leading provider of data-inspired, creative marketing and sales solutions, offering a wide range of services to over 5,000 clients in more than 70 countries. Today the company's shares have moved -1.55% to a price of $26.59. Check out the company's full 8-K submission here.
