Catella is advisor in secured bond issue of SEK 200 M

Nordic Fixed Income, which is part of the Catella Group, has acted as Lead Manager in connection with a bond issue by DDM Group. The project was initiated in cooperation with Catella’s Wealth Management.

Through its newly-formed Swedish subsidiary DDM Treasury Sweden AB (publ), DDM Group AG is issuing a three-year bond loan of SEK 200 M. The bond has a limit of SEK 500 M and carries an annual interest rate of 13 percent, payable semi-annually. The bond is intended to be listed on a regulated market. Nordic Fixed Income was the Lead Manager and part of the bond was placed through Catella’s Wealth Management.

DDM Group is a leading investor in distressed consumer debt. Since 2007 the company has established a successful platform in Eastern Europe and currently has in excess of 1.8 million receivables worth the equivalent of EUR 1 Bn. The bond issue will allow DDM Group to realise its expansion plans.

Nordic Fixed Income is part of the Catella Group and offers Nordic companies alternative financing to bank loans and equity through the bond market. In addition, investors are provided with trading in interest-bearing securities via Nordic Match and by phone.

For more information, please contact: 
Anna Ringby
Head of Nordic Fixed Income
+46 8-463 32 41, +46 72-726 16 72 

Press contact:
Ann Charlotte Svensson
Head of Communications
+46 8 463 32 55, +46 72 510 11 61
anncharlotte.svensson@catella.se  

About Catella: Catella is an independent financial advisor and asset manager. We have operations in 12 European countries and some 450 employees. Catella has a strong offering in financial services through our business breadth, geographical coverage and leading position in the property sector. Catella is listed on Nasdaq OMX First North Premier, trading under the stock symbols CAT A and CAT B. The company’s certified advisor is Remium AB. Read more about Catella at www.catella.com.