OMC » Topics » Long-Term Debt:

This excerpt taken from the OMC 8-K filed Jun 24, 2009.

Long-Term Debt:

     Long-term debt outstanding as of December 31, 2008 and 2007 consisted of the following:

  (Dollars in millions)
 
  2008   2007
 
 
Senior Notes — due April 15, 2016 $ 996.4   $ 996.0
Other notes and loans at rates from 4.0% to 10.0%,          
   due through 2012   19.1     19.8
 

 

    1,015.5     1,015.8
Less current portion   2.7     2.6
 

 

   Total long-term debt $ 1,012.8   $ 1,013.2
 

 


F-14


OMNICOM GROUP INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

     In March 2006, we issued $1.0 billion aggregate principal amount of Senior Notes due April 15, 2016 (“Senior Notes”). The gross proceeds from the issuance were $995.1 million. The gross proceeds less fees resulted in a 6.05% yield to maturity. The Senior Notes are senior unsecured notes that rank in equal right of payment with all existing future unsecured indebtedness.

These excerpts taken from the OMC 10-K filed Feb 27, 2009.

Long-Term Debt:

     Long-term debt outstanding as of December 31, 2008 and 2007 consisted of the following:

  (Dollars in millions)
 
  2008   2007
 
 
Senior Notes — due April 15, 2016 $ 996.4   $ 996.0
Other notes and loans at rates from 4.0% to 10.0%,          
   due through 2012   19.1     19.8
 

 

    1,015.5     1,015.8
Less current portion   2.7     2.6
 

 

   Total long-term debt $ 1,012.8   $ 1,013.2
 

 


F-15


OMNICOM GROUP INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

     In March 2006, we issued $1.0 billion aggregate principal amount of Senior Notes due April 15, 2016 (“Senior Notes”). The gross proceeds from the issuance were $995.1 million. The gross proceeds less fees resulted in a 6.05% yield to maturity. The Senior Notes are senior unsecured notes that rank in equal right of payment with all existing future unsecured indebtedness.

Long-Term Debt:


     Long-term debt outstanding as of December
31, 2008 and 2007 consisted of the following:







































































































  (Dollars in millions)
 
  2008   2007
 
 
Senior Notes — due April 15, 2016 $ 996.4   $ 996.0
Other notes and loans at rates from 4.0% to 10.0%,          
   due through 2012   19.1     19.8
 

 

    1,015.5     1,015.8
Less current portion   2.7     2.6
 

 

   Total long-term debt $ 1,012.8   $ 1,013.2
 

 




F-15








OMNICOM GROUP INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)


     In March 2006, we issued $1.0 billion aggregate principal amount of Senior Notes due April 15, 2016 (“Senior Notes”). The gross proceeds from the issuance were $995.1 million. The gross proceeds less fees resulted in a 6.05% yield to maturity. The Senior Notes are senior unsecured notes that rank in equal right of payment with all existing future unsecured indebtedness.


RELATED TOPICS for OMC:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki