Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Outbrain ( (OB) ) has provided an update.
On February 7, 2025, Outbrain Inc.’s subsidiary, OT Midco Inc., priced a private offering of $637.5 million in senior secured notes due 2030, increasing from a previously announced $625.0 million. The proceeds will be used to repay a bridge facility related to Outbrain’s acquisition of Teads, as well as cover associated fees and expenses. The offering will close on February 11, 2025, and is expected to impact the company’s financial strategy and market operations significantly.
More about Outbrain
YTD Price Performance: 5.41%
Average Trading Volume: 287,260
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $691.2M
For a thorough assessment of OB stock, go to TipRanks’ Stock Analysis page.
