Oatly Group AB's 6-K Filing: Financial Agreements & Results Update (Feb 2025)

Here are the key insights extracted from the provided financial report section:

Document Type and Filing Information:

This is a Form 6-K filing submitted to the SEC.
The document pertains to Oatly Group AB, a foreign private issuer.
The filing is dated February 12, 2025.

Financial Agreements:

Oatly Group AB's Sustainable Revolving Credit Facility Agreement and Term Loan B Credit Agreement were amended and restated on February 11, 2025.
Key changes include:
- Resetting financial covenant levels for minimum liquidity.
- Adjusting definitions to accommodate costs related to discontinuing certain manufacturing facilities.
- Providing flexibility for asset disposals related to these facilities.
Limitations on drawdowns under the Sustainable Revolving Credit Facility are contingent on the last four quarters' consolidated EBITDA:
- If EBITDA is less than $0, no amount may be drawn.
- If EBITDA is $75 million or more, the full facility amount can be drawn.
- There are interim steps for EBITDA levels between these amounts.

Financial Results Announcement:

On February 12, 2025, Oatly issued a press release detailing its financial results for the quarter and year ended December 31, 2024.
The release includes updates relevant to the company's Asia supply chain.

Exhibits:

The press release is attached as Exhibit 99.1 to this Form 6-K.

Signatory Information:

The report was signed by Marie-José David, the Chief Financial Officer of Oatly Group AB.

This information indicates that Oatly is managing its financial agreements actively, addressing liquidity issues, and preparing to communicate its financial performance to stakeholders. This may reflect the company's strategic adjustments in response to operational challenges, particularly in manufacturing and supply chain operations in Asia.