Loan & DebtJun 12, 2026, 07:16 AM
Oddity Tech Subsidiary Repurchases $50M Notes for $35M
AI Summary
Oddity Tech Ltd.'s indirect wholly-owned subsidiary, Oddity Finance LLC, entered into privately negotiated agreements to repurchase $50 million in aggregate principal amount of its 0% Exchangeable Senior Notes due 2030. The repurchase is expected to close on June 17, 2026, for an aggregate purchase price of $35 million. Following the closing, $550 million in principal amount of the Existing Notes will remain outstanding.
Key Highlights
- Oddity Finance repurchased $50 million in principal amount of 0% Exchangeable Senior Notes due 2030.
- The aggregate purchase price for the repurchase is $35 million.
- The transaction is expected to close on June 17, 2026.
- Following the closing, $550 million in aggregate principal amount of the notes will remain outstanding.
Price Impact
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