Viridien Launches Senior Secured Notes Offering
Viridien S.A. has launched a significant debt refinancing initiative on March 10, 2025, offering senior secured notes due 2030 worth approximately US$950 million in both USD and EUR denominations. The notes will be backed by guarantees from certain Viridien subsidiaries on a senior secured basis.
The company has additionally secured commitments for a US$125 million revolving credit facility (RCF), which will share the same collateral as the notes but with super senior status. The proceeds from this offering, combined with existing cash reserves, will be used to fully redeem the company's existing senior secured notes due 2027, which consist of US$447.4 million and €578.6 million in principal amounts.
Viridien S.A. ha lanciato un'importante iniziativa di rifinanziamento del debito il 10 marzo 2025, offrendo note senior garantite con scadenza nel 2030 del valore di circa 950 milioni di dollari USA in denominazioni sia USD che EUR. Le note saranno supportate da garanzie di alcune filiali di Viridien su base senior garantita.
La società ha inoltre ottenuto impegni per un prestito revolving di 125 milioni di dollari USA (RCF), che condividerà la stessa garanzia delle note ma con uno status super senior. I proventi di questa offerta, insieme alle riserve di liquidità esistenti, saranno utilizzati per rimborsare completamente le note senior garantite esistenti della società con scadenza nel 2027, che consistono in 447,4 milioni di dollari USA e 578,6 milioni di euro in importi nominali.
Viridien S.A. ha lanzado una importante iniciativa de refinanciamiento de deuda el 10 de marzo de 2025, ofreciendo notas garantizadas senior con vencimiento en 2030 por un valor aproximado de 950 millones de dólares estadounidenses en denominaciones tanto en USD como en EUR. Las notas estarán respaldadas por garantías de ciertas subsidiarias de Viridien en una base senior garantizada.
La empresa también ha asegurado compromisos para una línea de crédito revolvente de 125 millones de dólares estadounidenses (RCF), que compartirá la misma garantía que las notas, pero con un estatus super senior. Los ingresos de esta oferta, combinados con las reservas de efectivo existentes, se utilizarán para redimir completamente las notas senior garantizadas existentes de la empresa que vencen en 2027, que consisten en 447,4 millones de dólares estadounidenses y 578,6 millones de euros en montos nominales.
Viridien S.A.는 2025년 3월 10일에 약 9억 5천만 달러에 해당하는 2030년 만기 선순위 담보 채권을 USD와 EUR로 발행하는 중요한 부채 재조정 이니셔티브를 시작했습니다. 이 채권은 특정 Viridien 자회사의 선순위 담보 보증을 받을 것입니다.
회사는 또한 1억 2천 5백만 달러 규모의 회전 신용 시설(RCF)에 대한 약속을 확보했으며, 이는 채권과 동일한 담보를 공유하지만 슈퍼 선순위 상태를 가집니다. 이 제안에서 발생한 수익은 기존 현금 보유액과 함께 2027년 만기인 회사의 기존 선순위 담보 채권을 전액 상환하는 데 사용될 것입니다. 이 채권은 4억 4천 7백 40만 달러와 5억 7천 8백 60만 유로의 원금으로 구성됩니다.
Viridien S.A. a lancé une importante initiative de refinancement de la dette le 10 mars 2025, offrant des billets garantis senior arrivant à échéance en 2030 d'une valeur d'environ 950 millions de dollars US en dénominations USD et EUR. Les billets seront soutenus par des garanties de certaines filiales de Viridien sur une base senior garantie.
L'entreprise a également sécurisé des engagements pour une ligne de crédit renouvelable de 125 millions de dollars US (RCF), qui partagera les mêmes garanties que les billets mais avec un statut super senior. Les produits de cette offre, combinés aux réserves de liquidités existantes, seront utilisés pour rembourser intégralement les billets senior garantis existants de l'entreprise arrivant à échéance en 2027, qui se composent de 447,4 millions de dollars US et 578,6 millions d'euros en montants nominaux.
Viridien S.A. hat am 10. März 2025 eine bedeutende Schuldenrefinanzierungsinitiative gestartet und bietet gesicherte Senior-Anleihen mit Fälligkeit im Jahr 2030 im Wert von etwa 950 Millionen US-Dollar in USD- und EUR-Nennungen an. Die Anleihen werden durch Garantien bestimmter Tochtergesellschaften von Viridien auf einer gesicherten Senior-Basis abgesichert.
Das Unternehmen hat außerdem Zusagen für eine 125 Millionen US-Dollar umfassende revolvierende Kreditfazilität (RCF) gesichert, die dieselben Sicherheiten wie die Anleihen teilt, jedoch mit einem super senior Status. Die Erlöse aus diesem Angebot werden zusammen mit den bestehenden Bargeldreserven verwendet, um die bestehenden Senior-Anleihen des Unternehmens mit Fälligkeit 2027 vollständig zurückzuzahlen, die aus 447,4 Millionen US-Dollar und 578,6 Millionen Euro in Hauptbeträgen bestehen.
- Successful securing of US$125 million revolving credit facility providing additional liquidity
- Strategic debt restructuring extending maturity from 2027 to 2030
- Significant debt burden with US$950 million new notes issuance
- Potential increase in interest expenses depending on new notes' terms
Paris, France – March 10, 2025
Viridien S.A., the parent company of the Viridien group, today launched an offering (the “Offering”) of senior secured notes due 2030 denominated in both U.S. dollars and euros in an aggregate principal amount equivalent to approximately US
Viridien S.A. intends to use the net proceeds from the Offering, together with cash on hand, to satisfy and discharge and subsequently redeem in full its senior secured notes due 2027 in a principal amount of US
About Viridien
Viridien (www.viridiengroup.com) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,400 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN: FR001400PVN6).
Contacts
| Investor Relations Jean-Baptiste Roussille Tel: + 33 6 14 51 09 88 E-Mail: jean-baptiste.roussille@viridiengroup.com |
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FAQ
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