PROSPECTUS SUPPLEMENT
(To Prospectus Dated June 3, 2002)
Filed Pursuant to Rule 424(b)(3)
Registration Statement No. 333-86194
$900,000,000
OMNICOM GROUP INC.
Zero Coupon Zero Yield Convertible Notes due 2032
This prospectus supplement relates to the resale by the selling
securityholders of Zero Coupon Zero Yield Convertible Notes due 2032 of Omnicom
Group Inc. and the shares of common stock issuable upon the conversion and/or
redemption of the notes.
This prospectus supplement should be read in conjunction with the
prospectus dated June 3, 2002, which is to be delivered with this prospectus
supplement. All capitalized terms used but not defined in the prospectus
supplement shall have the meanings given to them in the prospectus.
The following information replaces in its entirety the information
provided in the prospectus under the caption "Selling Securityholders."
SELLING SECURITYHOLDERS
The notes were originally issued by us and sold to J.P. Morgan Securities
Inc., Goldman Sachs & Co. and Salomon Smith Barney Inc., to whom we refer
elsewhere as the "initial purchasers," in a transaction exempt from the
registration requirements of the federal securities laws. The initial purchasers
resold the notes to persons reasonably believed by them to be "qualified
institutional buyers" as defined by Rule 144A under the Securities Act. The
selling securityholders, which term includes their transferees, pledgees, donees
or successors, may from time to time offer and sell pursuant to this prospectus,
as amended or supplemented, any and all of the notes and the shares of common
stock issuable upon conversion and/or redemption of the notes.
Set forth below are the names of each selling securityholder, the
principal amount of notes that may be offered by such selling securityholder
pursuant to this prospectus, as amended or supplemented, and the number of
shares of common stock into which such notes are convertible, each to the extent
known to us as of the date of this prospectus. Unless set forth below, none of
the selling securityholders has had a material relationship with us or any of
our predecessors or affiliates within the past three years.
The following table sets forth certain information received by us on or
prior to June 25, 2002. However, any or all of the notes or common stock listed
below may be offered for sale pursuant to this prospectus, as amended or
supplemented, by the selling securityholders from time to time. Accordingly, no
estimate can be given as to the amounts of notes or common stock that will be
held by the selling securityholders upon consummation of any such sales. In
addition, the selling securityholders identified below may have sold,
transferred or otherwise disposed of all or a portion of their notes since the
date on which the information regarding their notes was provided, in
transactions exempt from the registration requirements of the Securities Act.
Aggregate
Principal
Amount of
Notes at Percentage of Common Stock Common Stock
Maturity that Notes Owned Prior Registered
Name may be Sold Outstanding to Conversion Hereby(1)
------------------------------------------------- ------------- ------------ ------------- -------------
AIG DKR SoundShore Holdings Ltd. ................ $ 9,200,000 1.0% -- 83,628
AIG DKR SoundShore Opportunity Holding
Fund Ltd. .................................... 6,120,000 * -- 55,630
AIG DKR SoundShore Strategic Holding
Fund Ltd. .................................... 4,680,000 * -- 42,541
Alpha U.S. Sub Fund VIII, LLC ................... 2,000,000 * -- 18,180
Alta Partners Holdings, LDC ..................... 30,000,000 3.3 -- 272,700
American Pioneer Life Insurance Company of
New York ..................................... 80,000 * -- 727
American Progressive Life and Health Insurance
Company of New York .......................... 80,000 * -- 727
American Public Entity Excess Pool .............. 80,000 * -- 727
Amerisure Mutual Insurance Company .............. 400,000 * -- 3,636
Argent Classic Convertible Arbitrage Fund L.P. .. 2,925,000 * -- 26,588
Argent Classic Convertible Arbitrage
Fund (Bermuda) Ltd. .......................... 5,000,000 * -- 45,450
Argent LowLev Convertible Arbitrage Fund LLC .... 500,000 * -- 4,545
Argent LowLev Convertible Arbitrage Fund Ltd. ... 7,580,000 * -- 68,902
Aristeia International Limited .................. 28,875,000 3.2 -- 262,473
Aristeia Trading LLC ............................ 8,625,000 * -- 78,401
B.G.I. Global Investors c/o Forest Investment
Mngt L.L.C. .................................. 167,000 * -- 1,518
BMO Nesbitt Burns Inc. .......................... 8,000,000 * -- 72,720
Canyon Capital Arbitrage Master Fund, Ltd. ...... 12,000,000 1.3 -- 109.080
Canyon MAC 18 (PMF) ............................. 2,800,000 * -- 25,452
Canyon Value Realization Fund (Cayman), Ltd. .... 16,400,000 1.8 -- 149,076
Canyon Value Realization Fund, L.P. ............. 8,800,000 * -- 79,992
CDC IXIS Paris .................................. 10,000,000 1.1 400 90,900
Celina Mutual Insurance Company ................. 20,000 * -- 181
Central States Health and Life Company of
Omaha ........................................ 210,000 * -- 1,908
CFFX, LLC ....................................... 3,000,000 * -- 27,270
Continental Assurance Company on Behalf of its
Separate Account (E) .......................... 3,800,000 * -- 34,542
Continental Casualty Company .................... 13,700,000 1.5 * 124,533
Credit Suisse First Boston Europe Ltd. .......... 19,400,000 2.2 -- 176,346
CSA Fraternal Life Insurance Company ............ 120,000 * -- 1,090
Dakota Truck Underwriters ....................... 20,000 * -- 181
Deephaven Domestic Convertible Trading Ltd. ..... 78,000,000 8.7 -- 709,020
Deutsche Bank Securities Inc. ................... 15,600,000 1.7 -- 141,804
Forest Alternative Strategies, II ............... 133,000 * -- 1,208
Forest Fulerum Fund L.L.P. ...................... 2,667,000 * -- 24,243
Forest Global Convertible Fund Series A-5 ....... 1,700,000 * -- 15,453
Gaia Offshore Master Fund Ltd. .................. 11,700,000 1.3 -- 106,353
Global Bermuda Limited Partnership .............. 14,000,000 1.6 -- 127,260
HBK Master Fund L.P. ............................ 5,000,000 * -- 45,450
HFR CA Select Fund .............................. 600,000 * -- 5,454
Innovest Finanzdienstleistungs AG ............... 545,000 * -- 4,954
JMG Convertible Investments, LP ................. 10,000,000 1.1 -- 90,900
JMG Triton Offshore Fund, Ltd. .................. 20,000,000 2.2 -- 181,800
JP Morgan Securities Inc. ....................... 78,540,000 8.7 -- 713,928
KBC Financial Products USA Inc. ................. 5,750,000 * -- 52,267
Lakeshore International, Ltd. ................... 56,000,000 6.2 -- 509,040
Lincoln Heritage Life Insurance Company ......... 40,000 * -- 363
LLT Limited ..................................... 600,000 * -- 5,454
Lyxor Master Fund c/o Forest Investment
Mngt L.L.C. .................................. 9,333,000 1.0 -- 84,836
Lyxor Master Fund ............................... 1,800,000 * -- 16,362
Lyxor Master Fund Ref: Argent/LowLev CB ......... 1,000,000 * -- 9,090
Main Street America Assurance Company ........... 400,000 * -- 3,636
Marquette Indemnity and Life Insurance
Company ...................................... 80,000 * -- 727
Merrill Lynch International Limited(2) .......... 40,000,000 4.4 -- 363,600
Michigan Mutual Insurance Co. ................... 900,000 * -- 8,181
Michigan Professional Insurance Exchange ........ 60,000 * -- 545
Midwest Security Life ........................... 240,000 * -- 2,181
MLQA Convertible Securities Arbitrage, Ltd. ..... 5,000,000 * -- 45,450
Morgan Stanley & Co. ............................ 70,000,000 7.8 -- 636,300
Mutual Protective Insurance Company ............. 900,000 * -- 8,181
National Mutual Insurance Company ............... 30,000 * -- 272
NCMIC ........................................... 470,000 * -- 4,272
New Era Life Insurance Company .................. 50,000 * -- 454
Nicholas Applegate Investment Grade Convertible . 15,000 * -- 136
Oak Casualty Insurance Company .................. 40,000 * -- 363
Onyx Fund Holdings, LDC ......................... 18,000,000 2.0 -- 163,620
Oklahoma Attorneys Mutual Insurance Company ..... 10,000 * -- 90
Phico Insurance Company ......................... 550,000 * -- 4,999
Physicians Mutual Insurance Company ............. 550,000 * -- 4,999
Physicians Life Insurance Company ............... 250,000 * -- 2,272
Pioneer Insurance Company ....................... 80,000 * -- 727
Premera Blue Cross .............................. 1,150,000 * -- 10,453
R(2) Investments, LDC ........................... 55,000,000 6.1 -- 499,950
RBC Capital Services Inc. c/o Forest Investment
Mngt L.L.C. .................................. 133,000 * -- 1,208
Relay 11 Holdings c/o Forest Investment
Mngt L.L.C. ................................. 3,000,000 * -- 27,270
Royal Bank of Canada ............................ 10,000,000 1.1 -- 90,900
Sagamore Hill Hub Fund Ltd. ..................... 37,500,000 4.2 -- 340,875
Salomon Brothers Asset Management, Inc. ......... 20,000,000 2.2 -- 181,800
Salomon Smith Barney Inc. ....................... 27,645,000 3.1 -- 251,293
San Diego County Employees
Retirement Association ....................... 1,900,000 * -- 17,271
Scor Life RE Convertible ........................ 120,000 * -- 1,090
Sylvan (IMA) Ltd. c/o Forest Investment
Mngt L.L.C. .................................. 2,000,000 * -- 18,180
Standard Mutual Insurance Company ............... 220,000 * -- 1,999
State National Insurance Company ................ 90,000 * -- 818
Texas Hospital Insurance Exchange ............... 20,000 * -- 181
Transguard Insurance Company of America, Inc. ... 750,000 * -- 6,817
Tribeca Investments L.L.C. ...................... 18,000,000 2.0 -- 163,620
Tuscarora Wayne Mutual Insurance Company ........ 20,000 * -- 181
UBS O'Connor LLC F/B/O UBS Global Equity
Arbitrage Master Ltd. ........................ 26,750,000 3.0 -- 243,157
UBS O'Connor LLC F/B/O O'Connor Global
Convertible Portfolio ........................ 1,750,000 * -- 15,907
United National Insurance Company ............... 200,000 * -- 1,818
VESTA-WEX Insurance Exchange IASA ............... 150,000 * -- 1,363
Western Home Insurance Company .................. 170,000 * -- 1,545
Westward Life Insurance Company ................. 150,000 * -- 1,363
West Virginia Fire Insurance Company ............ 10,000 * -- 90
Wisconsin Lawyers Mutual Insurance Company ...... 190,000 * -- 1,727
Wisconsin Mutual Insurance Company .............. 100,000 * -- 909
World Insurance Company ......................... 400,000 * -- 3,636
Zazove Convertible Arbitrage Fund L.P. .......... 800,000 * -- 7,272
Zazove Hedged Convertible Fund L.P. ............. 2,900,000 * -- 26,361
Zazove Income Fund .............................. 2,000,000 * -- 18,180
Zurich Master Hedge Fund c/o Forest
Investment Mngt L.L.C. ....................... 267,000 * -- 2,427
Zurich Institutional Benchmark Master
Fund Ltd. c/o Argent ......................... 500,000 * -- 4,545
Zurich Institutional Benchmarks Master
Fund Ltd. .................................... 2,800,000 * -- 25,452
All other holders of notes or future transferees,
pledges, donees or successors of any such
holders(2)(3) ................................ 28,100,000 3.1 -- 255,429
------------ ------ ---- ---------
Total(4) ..................................... $900,000,000 100.00% 400 8,181,000
============ ====== ==== =========
* Less than 1%
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(1) Assumes conversion of all of the holder's notes at a conversion rate of
9.09 shares of common stock per $1,000 principal amount at maturity of the
notes. However, this conversion rate will be subject to adjustment as
described under "Description of the Notes -- Conversion Rights." As a
result, the amount of common stock issuable upon conversion of the notes
may increase or decrease in the future.
(2) Merrill Lynch, Pierce Fenner & Smith Incorporated has advised us that it
is not aware of any position, office or directorship relationship with
Omnicom or its affiliates. However, Merrill Lynch has advised us that it
may have from time to time acted in a financial investment advisory
capacity to Omnicom.
(3) Information about other selling securityholders will be set forth in
prospectus supplements, if required.
(4) Assumes that any other holders of notes, or any future transferees,
pledgees, donees or successors of or from any such other holders of notes,
do not beneficially own any common stock other than the common stock
issuable upon conversion of the notes at the initial conversion rate.
(5) Amounts may not sum due to rounding.
The preceding table has been prepared based upon information furnished to
us by the selling securityholders named in the table. From time to time,
additional information concerning ownership of the notes and common stock may be
known by certain holders thereof not named in the preceding table, with whom we
believe we have no affiliation. Information about the selling securityholders
may change over time. Any changed information will be set forth in future
prospectus supplements.
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The date of this Prospectus Supplement is June 26, 2002.