Oddity Finance LLC Announces Proposed $350 Million Offering of 0% Exchangeable Senior Notes Due 2030

NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Oddity Finance LLC (the “Issuer”), a wholly-owned indirect subsidiary of ODDITY Tech Ltd. (“ODDITY”) (NASDAQ: ODD), today announced that it intends to offer, subject to market conditions and other factors, $350 million aggregate principal amount of its exchangeable senior notes due 2030 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), in each case, who are “Qualified Purchasers” as defined in Section (2)(a)(51)(A) under the US Investment Company Act of 1940, as amended (the “Investment Company Act”). The Issuer also intends to grant the initial purchasers of the Notes an option to purchase, within a 13-day period beginning on, and including, the first date on which the Notes are issued, up to an additional $50 million aggregate principal amount of Notes. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.

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