ODDITY Tech To Repurchase $50M Of 0% Exchangeable Senior Notes Due 2030 For $35M
Benzinga · 06/12 11:14
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On June 11, 2026, Oddity Finance LLC ("Oddity Finance"), a wholly-owned indirect subsidiary of ODDITY Tech Ltd. (the "Company"), entered into separate, privately negotiated repurchase agreements with holders of $50 million in aggregate principal amount of 0% Exchangeable Senior Notes due 2030 of Oddity Finance ("Existing Notes"). The repurchases are expected to close on June 17, 2026 for an aggregate purchase price of $35 million subject to customary closing conditions. Following the closing of the repurchases, $550 million in aggregate principal amount of the Existing Notes will remain outstanding.
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