DDM has successfully issued EUR 150 million of fixed rate bonds with a five-year tenor
DDM Holding AG (First North Growth Market: DDM) announces that its wholly owned indirect subsidiary DDM Debt AB (Nasdaq Stockholm: DDM2) has successfully issued senior secured fixed rate bonds in an initial amount of EUR 150 million under a framework of up to EUR 300 million. The bonds will have a five-year tenor and carry a fixed rate coupon of 9.00 per cent per annum. The proceeds from the new bond issue will mainly be employed towards refinancing the existing DDM2 02 EUR 33.5 million bonds, DDM2 03 EUR 100 million bonds and for investments and acquisitions. DDM currently holds