DDM has successfully raised EUR 10 million in a bridge financing transaction
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DDM Holding AG (First North: DDM) announces that one of its wholly owned indirect subsidiaries, DDM Finance AB, has successfully raised EUR 10 million in a bridge financing transaction. The net proceeds will be used to provide a shareholder loan to DDM Finance AB’s wholly owned subsidiary DDM Debt AB, which thereby qualifies as equity under the current EUR 85 million bond terms. This provides the opportunity for DDM Debt AB to issue further debt to support continued strong growth.
Carnegie Investment Bank acted as financial advisor and Roschier acted as legal advisor in conjunction with the issue.
This is information which DDM Holding AG 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 08:00 CET on 2 November 2017.
For more information, please visit DDM’s website at www.ddm-group.ch or contact:
Mats Hedberg, Investor Relations Manager
Mail: firstname.lastname@example.org | Tel: +46 70 730 81 27
DDM Holding AG (Nasdaq First North, Stockholm: 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, currently managing 2.3 million receivables with a nominal value of over EUR 3.5 billion. DDM Debt AB (publ) (Nasdaq Stockholm: DDM2) is a wholly owned subsidiary of DDM Holding AG. Erik Penser Bank is DDM Holding AG’s Certified Adviser.