DDM Debt assigned ‘B’ Rating with stable outlook
DDM Debt AB (publ) (Nasdaq Stockholm: DDM2) ("DDM Debt") announces that S&P Global Ratings (“S&P”) and Fitch Ratings (“Fitch”) have both assigned DDM Debt with a ‘B’ Rating with stable outlook.
Fredrik Olsson, CFO of DDM, comments: “I am very pleased to announce that we have received our first ratings from both S&P and Fitch, which is a significant milestone in our financing plan for the years to come. This underlines our strong capital and liquidity position, which will enable us to capitalise on our investment pipeline.”
For further information, please refer to the press releases issued by S&P and Fitch on their respective websites.
This information was submitted for publication, through the agency of the contact person set out below, at 18.00 CET on 22 March 2021.
For more information, please contact:
Henrik Wennerholm, Chief Executive Officer
Tel: +46 70 861 81 66
Fredrik Olsson, Chief Financial Officer
Tel: +41 79 331 30 17
DDM Debt AB (publ) (Nasdaq Stockholm: DDM2) is a wholly owned subsidiary of DDM Holding AG. DDM Holding AG (First North Growth Market: DDM) is a specialized multinational investor and manager of non-performing loans and special situations. Since 2007, the DDM Group has built a successful platform in Southern, Central and Eastern Europe, and has acquired 2.3 million receivables with a nominal value of over EUR 4 billion.