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

(NASDAQ:OTLY) 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.