DDM has successfully completed a EUR 50 million tap issue
DDM Holding AG (First North Growth Market: DDM) announces that its wholly owned indirect subsidiary, DDM Debt AB (publ) (Nasdaq Stockholm: DDM2), 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.