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Telephone: +41 41 766 1420

DDM Holding AG
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13 Sep 2021

DDM Debt has successfully completed a EUR 50 million tap issue

DDM Debt AB (publ) (Nasdaq Stockholm: DDM2) announces that it has successfully issued an additional EUR 50 million under its EUR 300 million senior secured bond framework (ISIN: SE0015797683) rated B/B by S&P/Fitch. The purpose of the bond tap issue is to fund future acquisitions of portfolios.

The bond tap issue has been oversubscribed and placed at a price of 102.00 per cent of the nominal amount. After the tap issue, the total outstanding amount of the company’s bond loan will total EUR 200 million.

Fredrik Olsson, CFO of DDM comments “We are very pleased that the issue was so well received amongst existing and new institutional investors, demonstrated by a tap issue priced at a premium to par value.”

Florian Nowotny, CEO of DDM added “Following the issuance of additional corporate bonds in the Nordic bond market, we will be in a very strong position to capitalize on market opportunities to expand our investment portfolio as activity intensifies.”

ABG Sundal Collier AB acted as sole bookrunner and Roschier Advokatbyrå AB acted as legal advisors in conjunction with the bond issue.

This is information which DDM Debt AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 17:00 CEST on 13 September 2021.