19 Mar 2025

DDM Debt AB (publ) initiates a written procedure under its bond loan

DDM Debt AB (publ) initiates a written procedure in respect of its EUR 25,000,000 super senior secured bond loan with ISIN SE0023440672 (the "Bonds") to obtain the bondholders' approval to amend the terms and conditions for the Bonds for the purposes of changing the interest from being fixed interest of 9.50 per cent. per annum to floating interest rate of 3m EURIBOR plus 6.50 Per cent. per annum.

 

The Company has today instructed Nordic Trustee & Agency AB (publ), as agent under the terms and conditions of the Bonds, (the "Agent") to send notice of the written procedure to directly registered owners and registered trustees of the Bonds in the debt register maintained by Euroclear Sweden as of 19 March 2025.

 

The outcome of the written procedure will be announced via a press release at the end of the written procedure. The record date for voting in the written procedure is 20 March 2025 and the last day to vote is 15 April 2025. However, the written procedure may be terminated early if the required voting majority is reached before then.

 

The notice of the written procedure with more information on the amendments and how to vote is available on the Company's website (https://www.ddm-group.ch/investors/ddm-debt-ab-publ) and via the Agent's information service Stamdata (https://www.stamdata.com).

 

For questions regarding the administration of the written procedure, the documentation or the voting procedure, please contact the Agent at voting.sweden@nordictrustee.com or + 46 8 783 79 00.

 

For information on the proposal, please contact:

Mail: investor@ddm-group.ch

 

DDM Debt AB (publ) (Nasdaq Stockholm: DDM Debt 2026) is part of the DDM Group, a specialized multinational investor in situations arising out of the general strategic challenges in the European banking markets. This includes investments into assets and companies previously held by financial institutions, including performing and non-performing loans and special situations. The DDM Debt Group also engages in businesses that are related, complimentary, incidental, ancillary or similar to any of the foregoing. DDM strives to create value for its stakeholders by combining significant expertise in financial services, credit underwriting and technology with a focus on operational excellence.