DDM Debt AB: DDM Debt acquires portfolio in Croatia
The acquisition will be financed by internally generated cash flows and drawing rights under the bank facility.
Henrik Wennerholm, CEO of DDM, commented "I am very pleased to announce another important step for the DDM Debt Group, which builds on our experience from sizeable investments in Slovenia and Croatia in the last three years."
For more information, please visit DDM's website at www.ddm-group.ch or contact:
Henrik Wennerholm, Chief Executive Officer
Tel: +41 79 539 88 59
Fredrik Olsson, Chief Financial Officer
Tel: +41 79 331 30 17
Mail: investor@ddm-group.ch
DDM Debt AB (publ) (Nasdaq Stockholm: DDM2) is a wholly owned subsidiary of DDM Holding AG. DDM Holding AG (First North: DDM) is a multinational investor in and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Southern, Central and Eastern Europe, having acquired 2.3 million receivables with a nominal value of over EUR 4.0 billion. Arctic Securities is DDM Holding AG's Certified Adviser (email: certifiedadviser@arctic.com,tel: +46 8 44686100).