Wednesday, February 6, 2008

Omnicom to Pay $9.00 per $1,000 of Liquid Yield Option Notes(TM) Due 2031

Omnicom Group Inc. (NYSE:OMC) announced today that it will pay $9.00 per $1,000 principal amount of its Liquid Yield Option Notes(TM) Due 2031 to registered noteholders who have not, as of immediately following the close of business on February 4, 2008, exercised their right to require Omnicom to purchase their notes or who have exercised their right to require Omnicom to repurchase their notes but have withdrawn this request before the close of business on February 6, 2008. The payment will be made to qualifying noteholders on February 8, 2008.
The record date for determining the holders of Omnicom's Liquid Yield Option Notes(TM) Due 2031 eligible to receive the payment of $9.00 per $1,000 principal amount of the Notes will be immediately after the close of business on February 4, 2008. Holders who purchased on January 30, 2008 subject to 3- day settlement will be considered a record holder of Notes for this purpose and will receive the payment. Holders who purchased Notes after January 30, 2008 subject to 3-day settlement will not be eligible to receive the payment.

Omnicom Group Inc. (NYSE:OMC) (www.omnicomgroup.com). Omnicom is a leading global advertising, marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.
Source: Omnicom Group Inc.

No comments:

Post a Comment

Related Posts with Thumbnails