8-KThe WireRoutine
Company Update
Filed Jun 26, 2019 · 7y ago · Accession 0000891092-19-007008
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15( d ) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event
reported): June 24, 2019
OMNICOM GROUP INC.
(Exact name of registrant as specified in
its charter)
New York
(State or other jurisdiction
of incorporation)
1-10551
(Commission
File Number)
13-1514814
(IRS Employer
Identification No.)
437 Madison Avenue, New York, NY
(Address of principal executive offices)
10022
(Zip Code)
Registrant’s telephone number, including
area code: (212) 415-3600
Not Applicable
(Former name or former address, if changed
since last report)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
( see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered
pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
Common Stock, par value $0.15 per share
OMC
New York Stock Exchange
Indicate by
check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
8.01. Other Events.
On June 24, 2019, Omnicom Finance
Holdings plc (the “Issuer”), a wholly owned subsidiary of Omnicom Group Inc. (“Omnicom Group”), announced
the pricing of its public offering of €500 million aggregate principal amount of 0.800% Senior Notes due 2027 (the “2027
Notes”) and €500 million aggregate principal amount of 1.400% Senior Notes due 2031 (the “2031 Notes,” and,
together with the 2027 Notes, the “Notes”). The Notes will be fully and unconditionally guaranteed by Omnicom Group
and Omnicom Capital Inc. (“Omnicom Capital”), a wholly owned subsidiary of Omnicom Group (together, the “Guarantors”).
The 2027 Notes will mature on July 8, 2027 and the 2031 Notes will mature on July 8, 2031. The transaction is expected to close
on July 8, 2019, subject to customary closing conditions. In connection with the offering, the Issuer and the Guarantors entered
into an underwriting agreement dated June 24, 2019 (the “Underwriting Agreement”), with Deutsche Bank AG, London Branch,
J.P. Morgan Securities plc, Barclays Bank PLC and BNP Paribas, as representatives of the several underwriters, and the other underwriters
named therein. The Underwriting Agreement includes the terms and conditions of the offer and sale of the Notes, indemnification
and contribution obligations and other terms and conditions customary in agreements of this type. The foregoing disclosure is qualified
in its entirety by reference to the Underwriting Agreement, which is attached hereto as Exhibit 1.1 and is incorporated herein
by reference.
The Notes will be issued under
the base indenture, to be entered into among the Issuer, the Guarantors and Deutsche Bank Trust Company Americas, as trustee (the
“Trustee”), as supplemented by the First Supplemental Indenture thereto to be entered into among the Issuer, the Guarantors
and the Trustee.
The Issuer expects to receive net
proceeds, after deducting underwriting discounts and estimated offering expenses, of approximately €990.4 million and intends
to use such net proceeds to retire $500 million aggregate principal amount of Omnicom Group’s and Omnicom Capital’s
outstanding 6.25% Senior Notes due 2019 at maturity on July 15, 2019 and for general corporate purposes, which could include working
capital expenditures, fixed asset expenditures, acquisitions, repayment of commercial paper and short-term debt, refinancing of
other debt, repurchases of Omnicom Group’s common stock or other capital transactions.
The Notes are being offered pursuant
to the Issuer’s and the Guarantors’ shelf registration statement on Form S-3 (File No. 333-231652), which became effective
upon filing with the Securities and Exchange Commission on May 21, 2019.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits .
Exhibit Number
Description
1.1
Underwriting Agreement, dated June 24, 2019, among Omnicom Finance Holdings plc, Omnicom Group
Inc., Omnicom Capital Inc., Deutsche Bank AG, London Branch, J.P. Morgan Securities plc, Barclays Bank PLC and BNP Paribas, as
representatives of the several underwriters, and the other underwriters named therein
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Omnicom Group Inc.
Date: June 26, 2019
By:
/s/ Philip J. Angelastro
Name:
Philip J. Angelastro
Title:
Executive Vice President and Chief Financial Officer
Filing details
- Company
- OMNICOM GROUP INC.
- Ticker
- OMC
- CIK
- 29989
- Form type
- 8-K
- Filing date
- Jun 26, 2019
- Report date
- Jun 24, 2019
- Document
- e5689-8k.htm
- Size
- 322 KB