DDM cancels EUR 5 million of repurchased bonds as part of written procedure and provides update on further buybacks of bonds

DDM Holding AG (First North Growth Market: DDM), a specialized multinational investor and manager of non-performing loans and special situations, announces that its subsidiary DDM Debt AB (publ) has repurchased and cancelled EUR 5 million of its bonds due 2021 (ISIN SE0010636746) as part of the extension and amendment process approved in August 2020.

DDM also announces that its subsidiary DDM Debt AB (publ) has repurchased about 20% of its outstanding EUR 100 million senior secured bonds with ISIN SE0012454940 due 2022 and has about EUR 45 million of liquidity on hand.