Oddity Tech Secures $200 Million Credit Facility

MT Newswires Live
01 Feb

Oddity Tech (ODD) said Friday it secured a new $200 million credit facility from a consortium of banks, replacing a previous $100 million facility.

The company said it plans to use the facility to finance growth initiatives, acquisitions, share buybacks, and other general corporate needs.

Shares of Oddity Tech were up 1.4% in after-hours trading.

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