Omnicom Is Selling Bonds for the First Time Since 2024
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Omnicom Group Inc. offered bonds in Europe and the US for the first time since 2024 on Wednesday, the advertising heavyweight’s initial offerings since completing its takeover of rival IPG in November.The firm is marketing dollar notes in three tranchesBloomberg Terminal, according to a person familiar with the matter. Omnicom also priced €600 million ($707 million) of eight-year notesBloomberg Terminal at 125 basis points above midswaps, about 30 basis points tighter than initial price talk, said a separate person, who also asked not to be identified.
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