DDM has successfully placed EUR 50 million of senior secured bonds
DDM Treasury Sweden AB (NGM: DDM1), a specialist investor in and manager of non-performing loans and distressed assets, announces that DDM Debt AB (publ) being a wholly owned indirect subsidiary of DDM Holding AG (First North: DDM), has successfully placed EUR 50 million of senior secured bonds in the Nordic market.The proceeds from the bond issue will be used to refinance existing debt within the DDM Holding Group and to acquire more debt portfolios. The offering attracted very strong demand from the Nordic investor base where institutional demand dominated the oversubscribed order book.