Article
ABG Sundal Collier acted as Sole Manager and Bookrunner for DDM Debt AB in connection with a EUR 50m bond tap issue
Transactions
DDM Debt AB (“DDM” ) has successfully issued an additional EUR 50 million under its EUR 300 million senior secured bond framework rated B/B by S&P/Fitch. The proceeds from the tap issue will be used for future acquisitions of portfolios. The company met with more than 70 fixed income investors during a two-day virtual roadshow and the tap issue was met with strong demand. The transaction was oversubscribed and placed at a price of 102.00 per cent of the nominal amount.