DDM refinances its EUR 12 million senior secured bonds and issues EUR 6 million of additional bonds
DDM Holding AG (First North: DDM) announces that it has successfully refinanced its subsidiary DDM Finance AB's EUR 12 million senior secured bonds maturing 6 November 2019. Certain amendments were made to the Terms and Conditions, including extending the maturity date to 30 June 2022. DDM Finance AB has also issued EUR 6 million of additional bonds under the same framework. Part of the net proceeds will be used to provide a shareholder loan to DDM Finance AB’s wholly owned subsidiary DDM Debt AB (“DDM Debt”), which thereby qualifies as equity under the current DDM Debt senior secured