ABGSC acted as Joint Lead Manager and Bookrunner for DDM Debt AB in connection with the EUR 150m rated senior secured bond issue

DDM Debt AB (“DDM” )has successfully issued a EUR 150m senior secured bond. The bonds have a tenor of five years and carry a fixed rate coupon of 9.00%. In connection with the bond issue, DDM received its first public rating from Fitch Ratings and S&P Global Ratings, both with a B corporate rating. The proceeds from the new bond issue will mainly be employed towards refinancing the existing bonds, and for investments and acquisitions. The bonds will be listed on Nasdaq Stockholm.