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Actionable news in IPG: THE INTERPUBLIC GROUP OF COMPANIES Inc,

Entry into a Material Definitive

On October 20, 2015, The Interpublic Group of Companies, Inc. (the Company) entered into an amendment and restatement (the Amendment) of the Companys credit agreement originally dated as of July 18, 2008, amended and restated as of April 23, 2010, further amended and restated as of May 31, 2011, further amended as of November 6, 2012, and further amended and restated as of December 12, 2013 (as further amended and restated pursuant to the Amendment, the Credit Agreement). Under the Amendment, the revolving commitments under the Credit Agreement remain $1 billion, and the maturity date was extended to October 20, 2020. The Company continues to have the ability to increase the commitments under the Credit Agreement from time to time by an additional amount of up to $250 million, pro vided the Company receives commitments for such increases and satisfies certain other conditions.

Pursuant to the Amendment, the cost structure has changed. Based on the Companys current credit ratings, the applicable margin for Eurocurrency Rate borrowings (as defined in the Credit Agreement) is...


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