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Stock impact report

Oatly Announces Pricing of Nordic Bonds, Which Are to be Used to Prepay Term Loan B and Repurchase and Cancel Certain U.S. Convertible Notes

Oatly Group AB - American Depositary Shares (OTLY) 
Company Research Source: GlobeNewswire
MALMÖ, Sweden, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”) announced today that it will issue SEK 1,700 million senior secured floating rate bonds (the “Nordic Bonds”) under a framework of SEK 2,700 million. The Nordic Bonds will be issued at a price of 100.00 percent of the nominal amount, bear interest at a rate equal to 3-month STIBOR plus 7.00%, and will have a tenor of 4 years subject to certain early redemption features. The expected issue date of the Nordic Bonds is September 30, 2025 subject to certain closing conditions. As previously communicated, the Company intends to use the proceeds from the Nordic Bonds to prepay the group’s existing $130 million term loan B credit facility in full, to repurchase and cancel certain of its 9.25% Convertible Senior PIK Notes due 2028 (CUSIP No. 67421J AC2) and to pay related transaction costs. These actions are intended to improve the costs related to and terms associated with the Company Show less Read more
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