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