17 Apr 2025

DDM Debt AB (publ) – Approval of written procedure and amendments to the terms and conditions of the bonds

DDM Debt AB (publ) (the "Company") today announces the successful completion of the written procedure that was initiated 19 March 2025 in relation to the Company's outstanding EUR 25,000,000 super senior secured bond loan with ISIN SE0023440672 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds, including a change from a fixed interest rate of 9.50% per annum to a floating interest rate of 3m EURIBOR plus 6.50 per cent. per annum, being applicable with retroactive effect starting from 19 March 2025 (the "Proposal").

 

A broad number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favor of approving the Proposal.

 

The Company and the agent, among others, will enter into an amendment and restatement agreement in the coming days, amending and restating the terms and conditions of the Bonds in accordance with the Proposal.

 

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.