Tuesday January 21, 2020

Viridian to buy back stg£40 mln in debt

The power and energy group Viridian will use cash in hand to buy back some stg£40 million (€47 million) or 9.3 per cent of a currently held bond due in 2017.

17th May, 2013

The power and energy group Viridian will use cash in hand to buy back some stg£40 million (€47 million) or 9.3 per cent of a currently held bond due in 2017.

The buyback is being funded by cash generated during the 2013 financial year.

The redemption price is 103% and the buyback will take effect on 4th June, 2013.

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