25 Apr 2025

DDM Debt AB (publ) – Notification of delayed interest payment

As of 22 April 2025, DDM Debt (publ) ("DDM" or the "Company") was required to have paid accrued interest in accordance with the terms and conditions of the Company's outstanding bonds with ISIN SE0015797683 (the "Bonds"). The Company hereby notifies that it has not paid the due interest in accordance with the terms and conditions of the Bonds.

The delay is the result of an administrative oversight in combination with varying bank holiday schedules across several international jurisdictions during the 2025 Easter period. A portion of the funds earmarked for the interest payment under the Bonds is held across multiple international banking institutions, and the timing of public holidays has temporarily impacted the Company's ability to fully consolidate the necessary liquidity into the Company's central operating account. The delay in the interest payment is hence strictly technical in nature and does not reflect any issue of the Company's solvency or liquidity. All underlying funds for making the interest payment are available and secured, and the Company is currently working in close coordination with relevant banking partners to expedite the transfer process.

Notwithstanding the above, the Company will make the outstanding interest payment, including any accrued default interest, on April 29, 2025 the latest.

 

 

For information on the proposal, please contact:

Mail: investor@ddm-group.ch

 

This is information which DDM Debt AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication on April 25, 2025 at 18.15 CEST.

 

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.