NEW YORK, Oct. 12, 2011 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) announced today the extension of its multiyear revolving credit facility to October 2016. Amounts available for borrowings under the facility are set at $2.5 billion. The facility includes a provision to increase the commitment by up to $500 million without further amendment at the option of Omnicom.
There were no borrowings outstanding under the prior revolving credit facility at September 30, 2011.
Omnicom (www.omnicomgroup.com) is a leading global 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.