DDM completes a landmark transaction in Slovenia and issues new bond of EUR 11 million
DDM Holding AG (First North: DDM), a specialist investor in and manager of non-performing loans and distressed assets, announces the acquisition of a portfolio of non-performing banking claims originated by one of the banking and financial groups in South-Eastern Europe with its business operations also in Slovenia. The total investment amounts to approximately EUR 17 million. The gross collection value amounts to over EUR 94 million. The Estimated Remaining Gross Collections (”ERC”) amount to over EUR 34 million in 120 months, adding to DDM’s EUR 70.9 million ERC as reported per the end