Issuer:

The Interpublic Group of Companies, Inc.

Size:

$650,000,000

Title of Securities:

4.750% Senior Notes due 2030 (the “Notes”)

Maturity Date:

March 30, 2030

Coupon:

4.750%

Trade Date:

March 26, 2020

Settlement Date:

March 30, 2020 (T+2)

Price to Public:

99.418% of principal amount

Spread to Benchmark Treasury:

+400 basis points

Benchmark Treasury:

1.500% UST due February 15, 2030

Benchmark Treasury Price/Yield:

106-13 / 0.824%

Underwriting Discount:

0.650%

Net Proceeds (Before Expenses) to Issuer:

$641,992,000 (98.768%)

Optional Redemption:

The redemption price for the Notes we redeem prior to December 30, 2029 (three months prior to the maturity date of the Notes), will be equal to the greater of:

•  100% of the principal amount of the Notes to be redeemed; and

•  a “make-whole” amount, which will equal the sum of the present values of the Remaining Scheduled Payments (as defined in the Preliminary Prospectus Supplement) on the Notes discounted to the redemption date, on a semiannual basis, at a rate equal to the sum of the applicable Treasury Rate (as defined in the Preliminary Prospectus Supplement) plus 50 basis points, plus the accrued and unpaid interest thereon to, but excluding, the redemption date.

In addition, the Company may redeem, in whole or in part, the Notes at any time on or after December 30, 2029 (three months prior to the maturity date of the Notes) at a redemption price equal to 100% of the principal amount of the Notes, plus the accrued and unpaid interest thereon to, but excluding, the redemption date.

Interest Payment Dates:

March 30 and September 30, beginning September 30, 2020

Record Dates:

March 15 and September 15

Expected Ratings*:

Baa2/Neg. (Moody’s)

BBB/Neg. (S&P)

BBB+/Neg. (Fitch)

CUSIP/ISIN:

460690 BR0 / US460690BR09

Joint Book-Running Managers:

Citigroup Global Markets Inc.

J.P. Morgan Securities LLC

Morgan Stanley & Co. LLC

BBVA Securities Inc.

BNP Paribas Securities Corp.

BofA Securities, Inc.

Wells Fargo Securities, LLC