Omnicom Group Inc. (NYSE:OMC) announced 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.
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(OMC, CLNO, ATO, EPD) Stock Updates by BestOtc.com
October 18th, 2011 at 09:08 am