3 April 2019
DDM Debt AB (publ) (“DDM”) refers to the terms and conditions (the “Terms and Conditions”) of the senior secured callable fixed rate bonds issued by DDM on 30 January 2017 (ISIN SE0009548332) in the total amount of 85 million EUR (the “2017-bonds”), as well as DDM’s notice dated 3 April 2019 published here whereby DDM has called for an early redemption of the 2017-bonds in accordance with the Terms and Conditions.
In accordance with Clause 9.3 of the Terms and Conditions, DDM hereby calls for an early redemption of all outstanding 2017-bonds, with the redemption date being 2 May 2019 (the “Redemption Date”).
On the Redemption Date, each person, which on the record date defined in the Terms and Conditions (which in this instance is 24 April 2019) is registered as a holder of 2017-bonds, will receive consideration for its registered holding of 2017-bonds through Euroclear in an amount equal to 102.38 per cent of the outstanding nominal amount of its 2017-bonds together with all accrued and unpaid interest on such 2017-bonds per the Redemption Date in accordance with the Terms and Conditions.
This call for early redemption is irrevocable and is governed by Swedish law.
If there are any questions relating to this call for early redemption, please contact DDM’s Chief Executive Officer, Henrik Wennerholm at +41 79 539 88 59 or DDM’s Chief Financial Officer, Fredrik Olsson at +41 79 331 30 17