OREANDA-NEWS. Viridian Group FundCo II Limited ("Viridian") has today announced the completion of its issuance of €600 million in aggregate principal amount of Senior Secured Notes due 2020.

Ian Thom, Group Chief Executive, commented "Through this issuance the Group has refinanced its Senior Secured Notes due 2017 in full and repaid part of the existing junior credit facility. This enhances our capital structure and extends our debt maturity profile. 

"The successful outcome of this refinancing reflects the inherent strengths of Viridian's businesses which continue to trade well.

"The new debt provides us with flexibility to invest in growth through renewables and to pursue our domestic market strategy."