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24 Sep 2018

DDM raises EUR 12 million of senior secured bonds and lower its cost of funding

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DDM Holding AG (First North: DDM) reaches agreement to refinance its subsidiary DDM Finance AB's EUR 10 million senior secured bonds maturing November 6, 2018 by way of issuing EUR 12 million senior secured bonds through DDM Finance AB. The bonds carry an interest rate of 7% per annum for the first six months and can be prolonged at 8% per annum for another six months.

“Lowering the cost of funding is an important factor when continuing our growth journey. We are very pleased with the investor interest in financing the Company”, says Henrik Wennerholm CEO at DDM Holding.

This is information which DDM Holding AG is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 16:30 CET on 24 September 2018.