on VIRIDIEN (isin : FR001400PVN6)
Viridien Successfully Completes its Massive Senior Bond Offering
On March 11, 2025, Viridien SA announced the successful completion of its senior secured bond offering, amounting to $450 million and €475 million. These bonds, maturing in 2030, bear yields of 10% and 8.5%, respectively. They will be issued on March 25, 2025.
The transaction also includes a $125 million revolving credit line. Viridien will use the funds to repay junior bonds maturing in 2027.
Rating agencies Moody's, S&P, and Fitch have upgraded their ratings following this offering. This is part of the group's debt reduction and refinancing strategy, aimed at strengthening its financial structure by mobilizing its excess cash.
R. H.
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