DDM Debt finalises second Croatian acquisition

12th October 2017

Swedish debt purchaser DDM Debt AB has announced that it has finalised the previously announced acquisition of a distressed asset portfolio containing secured corporate receivables in Croatia from a leading international bank.

DDM has received the approval from the Croatian National Bank and has now finalised the acquisition. The investment amounts to approximately€21 million.

The acquisition is financed by a combination of cash on hand and the recently announced revolving credit facility.

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DDM Debt finalises second Croatian acquisition

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