Email format is wrongly shown in Outlook.

@michaelag can you once try doing the same by uploading a HTML template instead of Text.

I can understand that your requirement might be different but onec have a try on creating a HTML Template having same type structure as Text and then try passing Dynamic Data into it, and try checking on Web as well as Outlook, so that we can come to a Conclusion, whether it's an issue of Template or Something else.

@michaelag can you once try doing the same by uploading a HTML template instead of Text.

I can understand that your requirement might be different but onec have a try on creating a HTML Template having same type structure as Text and then try passing Dynamic Data into it, and try checking on Web as well as Outlook, so that we can come to a Conclusion, whether it's an issue of Template or Something else.