Workflow
Viridien Launches Senior Secured Notes Offering
VIRIVirios Therapeutics(VIRI) GlobeNewswire·2025-03-10 08:45

Company Overview - Viridien S.A. is an advanced technology, digital, and Earth data company focused on sustainable solutions for complex challenges in natural resources, digital, energy transition, and infrastructure [3] Offering Details - Viridien S.A. launched an offering of senior secured notes due 2030, with an aggregate principal amount equivalent to approximately US950,000,000[1]ThenoteswillbeguaranteedonaseniorsecuredbasisbycertainsubsidiariesofViridienS.A.[1]Additionally,ViridienS.A.hassecuredaUS950,000,000 [1] - The notes will be guaranteed on a senior secured basis by certain subsidiaries of Viridien S.A. [1] - Additionally, Viridien S.A. has secured a US125,000,000 revolving credit facility on a super senior basis [1] Use of Proceeds - The net proceeds from the offering, along with cash on hand, will be used to fully redeem existing senior secured notes due 2027, totaling US$447,400,000 and €578,600,000 [2]