Omnicom Group Inc. (NYSE: OMC) priced a total of $1.7 billion in U.S. senior notes and €600 million in Euro senior notes on February 25, 2026. The U.S. notes are split into three tranches: $400 million of 4.200% senior notes due 2029, $700 million of 5.000% senior notes due 2033, and $600 million of 5.300% senior notes due 2036. The Euro notes comprise €600 million of 3.850% senior notes due 2034.
The net proceeds from the offering will be used to repay the company’s outstanding 3.600% senior notes that mature in 2026, which totaled $1.4 billion as of December 31, 2025. Remaining proceeds will support general corporate purposes, including working‑capital needs and potential acquisitions, providing Omnicom with additional liquidity to pursue growth opportunities.
This debt issuance follows the completion of Omnicom’s acquisition of Interpublic Group (IPG) in November 2025. By refinancing the maturing 3.600% notes, Omnicom reduces its short‑term debt burden and aligns its capital structure with the larger, post‑merger entity. The transaction also diversifies the company’s funding sources by adding Euro‑denominated debt, which can help mitigate currency risk and broaden investor appeal.
S&P Global Ratings assigned a BBB+ issue‑level rating to the new notes, indicating confidence in Omnicom’s credit profile after the IPG integration. The refinancing supports the company’s broader strategy of achieving $1.5 billion in annual run‑rate synergies from the merger, with $900 million expected in 2026. The additional capital also underpins a $5 billion share‑buyback program that was announced in February 2026, reinforcing shareholder value creation.
The offering is expected to close on March 2, 2026, subject to customary closing conditions. The notes are unsecured and unsubordinated, ranking equal to other senior debt, and will be issued under a BBB+ rating, reflecting the company’s stable credit outlook in a market characterized by economic uncertainty and geopolitical tensions.
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