Oatly Group AB Issues SEK 1.7 Billion Senior Secured Nordic Bonds and Secures SEK 750 Million Sustainability-Linked Revolving Credit Facility to Strengthen Financial Position

Reuters10-01
<a href="https://laohu8.com/S/OTLY">Oatly Group AB</a> Issues SEK 1.7 Billion Senior Secured Nordic Bonds and Secures SEK 750 Million Sustainability-Linked Revolving Credit Facility to Strengthen Financial Position

Oatly Group AB (Nasdaq: OTLY) announced the issuance of SEK 1,700 million in senior secured floating rate Nordic Bonds and the entry into a new SEK 750 million sustainability-linked super senior revolving credit facility. The proceeds from the bond issuance will be placed in escrow and are expected to be released to the company on or around October 3, 2025, subject to customary conditions. The new revolving credit facility will become effective after the prepayment in full of Oatly's existing $130 million term loan B credit facility. Additionally, Oatly intends to repurchase and cancel certain 9.25% Convertible Senior PIK Notes due 2028 (CUSIP No. 67421J AC2) as part of previously announced repurchase agreements. These transactions are expected to close on or around October 3, 2025, following the release of the Nordic Bonds proceeds and the full prepayment of the term loan B. Full details are available in the Form 6-K to be filed with the U.S. Securities and Exchange Commission.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oatly Group AB (publ) published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9537956-en) on September 30, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment