Interpublic Announces Pricing of 10.0% Senior Notes Due 2017
Interpublic intends to use proceeds from the offering to fund its ongoing tender offer to purchase outstanding 7.25% Notes due 2011 and Floating Rate Notes due 2010. Any funds raised in the offering but not used in the tender offer will be used for the repayment, repurchase or redemption of other indebtedness, general corporate purposes and working capital.
The notes have not been and will not be registered under the Securities
Act of 1933 and may not be offered or sold in
Interpublic is one of the world's leading organizations of advertising
agencies and marketing services companies. Major global brands include
The Interpublic Group of Companies, Inc.
Philippe Krakowsky, 212-704-1328
Jerry Leshne, 212-704-1439