E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/14/2020 in the Prospect News Bank Loan Daily.

Omnicom extends $2.5 billion multiyear revolving facility to 2025

By Sarah Lizee

Olympia, Wash., Feb. 14 – Omnicom Group Inc. amended its $2.5 billion multiyear revolving credit facility and extended it to February 2025, according to a press release.

The agreement includes two one-year extensions of the facility on any anniversary date with bank approvals.

There were no borrowings outstanding under the prior revolver at Dec. 31.

The global marketing and corporate communications company is based in New York City.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.