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|Interpublic Exercises Option to Redeem 10.00% Senior Notes Due 2017|
New York, NY - June 14, 2013 - The Interpublic Group of Companies, Inc. (NYSE: IPG) today announced that it is exercising its option to redeem all of its 10.00% Senior Notes due 2017 (the "Notes") (CUSIP Number 460690BF6), of which an aggregate principal amount of $600.0 million is outstanding. The redemption date will be July 15, 2013. As had been announced previously, IPG plans to apply a portion of the proceeds of its debt issued in November 2012 towards the redemption price.
The redemption price will be equal to 105% of the principal amount of the Notes. Interest will cease to accrue on and after the redemption date.
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