DDM Debt AB (Nasdaq Stockholm : DDM2) announces that its parent company, DDM Finance AB, has successfully refinanced its EUR 12 million senior secured bonds maturing 6 November 2019. Certain amendments were made to the Terms and Conditions, including extending the maturity date to 30 June 2022.
DDM Finance AB has also issued EUR 6 million of additional bonds under the same framework. Part of the net proceeds will be used to provide a shareholder loan to DDM Debt AB (“DDM Debt”), which thereby qualifies as equity under the current DDM Debt senior secured bond terms. This strengthens the