DDM Debt cancels EUR 5 million of repurchased bonds as part of written procedure and provides update on further buybacks of bonds
DDM Debt AB (publ) (Nasdaq Stockholm: DDM2) ("DDM Debt") today announces that it has repurchased and cancelled EUR 5 million of its bonds due 2021 (ISIN SE0010636746) as part of the extension and amendment process approved in August 2020.
The Company also announces that it has repurchased about 20% of its outstanding EUR 100 million senior secured bonds with ISIN SE0012454940 due 2022 and has about EUR 45 million of liquidity on hand.
For more information, please visit DDM's website at www.ddm-group.ch or contact:
Henrik Wennerholm, Chief Executive Officer
Tel: +41 79 539 88 59
Fredrik Olsson, Chief Financial Officer
Tel: +41 79 331 30 17
Mail: investor@ddm-group.ch
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.
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