Oddity Tech (ODD) said Friday that its Oddity Finance unit has entered into privately negotiated repurchase agreements with holders of $50 million worth of 0% exchangeable senior notes due 2030.
The consumer technology company said the repurchases are expected to close June 17 for a total purchase price of $35 million. After the repurchases close, the company said $550 million in worth of the existing notes will remain outstanding.
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