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UK DDM Debt AB (publ) has issued senior secured fixed rate bonds (ISIN: SE0008649487) with a maximum nominal amount of EUR 11,000,000 on the Swedish market. The bonds have a twelve month term. The bonds carry interest at an interest rate of 13.00 per cent per annum. The proceeds from the bond issue will be applied to finance the acquisition of a portfolio of non-performing banking claims originated by one of the banking and financial groups in South-Eastern Europe with its business operations also in Slovenia.
Intertrust (Sweden) AB has been appointed by DDM Debt AB (publ) to act as agent for the bondholders.
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