Workflow
ODDITY Announces New $200 Million Credit Facility
ODDOddity Tech .(ODD) GlobeNewswire·2025-02-01 05:05

NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- On January 31, 2025, ODDITY Tech Ltd. (NASDAQ: ODD, the “Company”) entered into agreements with a syndicate of banks to secure credit facilities for a total of $200 million (collectively the “Facility”). The Facility replaces the Company’s previous $100 million credit facility and increases financial flexibility to fund growth initiatives, acquisitions, share buybacks, and other general corporate needs. ODDITY remains in a strong financial position, with over $165 ...