DDM Debt secures a Revolving Credit Facility of EUR 27 million, significantly lowering its cost of funding
DDM Debt AB (Nasdaq Stockholm: DDM2) announces that it has entered into a super senior Revolving Credit Facility (“RCF”) of EUR 27 million with an international bank. The RCF facility is available for a period of up to two years and priced at three month Euribor plus a margin of 350bp. The RCF facility will be used to finance acquisitions and for general corporate purposes. The RCF facility is permitted under the current senior secured bond frameworks (ISIN: SE0009548332 and ISIN: SE0010636746). Henrik Wennerholm, CEO of DDM, comments: “Securing an RCF facility with an international