DDM Debt extends its revolving credit facility of EUR 17 million for a further six months

DDM Debt AB (Nasdaq Stockholm: DDM2) announces that it has extended its super senior revolving credit facility of EUR 17 million with a Swedish bank for a further six months until 28 September 2018. The revolving credit facility will be used to finance acquisitions and for general corporate purposes, and is permitted under the current senior secured bond frameworks (ISIN: SE0009548332 and ISIN: SE0010636746).

This is information which DDM Debt AB (publ) 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 17:40 CET on 12 March 2018.

For more information, please contact:

Mats Hedberg, Investor Relations Manager
Mail: investor@ddm-group.ch | Tel: +46 70 730 81 27

DDM Debt AB (publ) (Nasdaq Stockholm: DDM2) is a wholly owned subsidiary of DDM Holding AG. DDM Holding AG (First North: DDM) is a multinational investor in and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Southern, Central and Eastern Europe, and has acquired 2.3 million receivables with a nominal value of over EUR 3.5 billion.

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About Us

DDM Debt AB (publ) (Nasdaq Stockholm: DDM2) is a subsidiary of DDM Holding AG (First North: DDM) a multinational investor in and manager of distressed assets, offering the prospect of attractive returns from the expanding Southern, Central and Eastern Europe market. Since 2007, the DDM Group has built a successful platform in Southern, Central and Eastern Europe, and has acquired 2.3 million receivables with a nominal value of over EUR 3.5 billion. For sellers (banks and financial institutions), management of portfolios of distressed assets is a sensitive issue as it concerns the relationship with their customers. For these sellers, it is therefore critical that the acquirer handles the underlying individual debtors professionally, ethically and with respect. DDM has longstanding relations with sellers of distressed assets, based on trust and the Company’s status as a credible acquirer. The banking sector in Southern, Central and Eastern Europe is subject to increasingly stricter capital ratio requirements resulting in distressed assets being more expensive for banks to keep on their balance sheets. As a result, banks are increasingly looking to divest portfolios of distressed and other non-core assets. DDM Holding AG, the Parent Company, is a company incorporated and domiciled in Baar, Switzerland and listed on Nasdaq First North in Stockholm, Sweden, since August 2014.