DDM Treasury Sweden AB redeems its 18% subordinated notes

DDM Treasury Sweden AB (NGM: DDM1), a specialist investor in and manager of non-performing loans and distressed assets, announces that it has fully redeemed its SEK 31M 18% subordinated notes on their final maturity date of 30 September 2016. 

The redemption was financed using cash on hand. This transaction has enabled DDM Treasury Sweden AB to reduce its gross debt and its cost of debt.

Roschier acted as DDM’s legal advisors in conjunction with the redemption of the subordinated notes.

This information is information which DDM Treasury Sweden AB (publ) 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 a.m. CET on 3 October 2016.  

For more information, please contact:

Gustav Hultgren, CEO
Mail: investor@ddm-group.ch | Tel: 46 8 4080 9030

DDM Treasury Sweden AB (publ) (NGM: DDM1) is a subsidiary wholly owned by DDM Holding AG. DDM Holding AG (First North Stockholm: DDM) is a key acquirer and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Eastern Europe, currently managing 2.3 million receivables with a nominal value of over EUR 2.1 billion.


About Us

DDM Treasury AB (publ) (NGM: DDM1) is a subsidiary of DDM Holding AG (First North: DDM) a key acquirer and manager of distressed assets, offering the prospect of attractive returns from the expanding Eastern European market for distressed assets and non-performing loans. Since 2007, the DDM Group has built a successful platform in Eastern Europe, currently managing 2.3 million receivables with a nominal value of over EUR 2 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 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 is a company incorporated and domiciled in Baar, Switzerland and listed on Nasdaq First North in Stockholm, Sweden, since August 2014.