13.02.2016 00:08:00
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Viridian Group Limited -- Moody's affirms B2 rating of notes issued by Viridian; maintains stable outlook
London, 12 February 2016 -- Moody's Investors Service, ("Moody's") has today affirmed the B2 rating of the Senior Secured Notes due 2020 (the Notes) issued by Viridian Group FundCo II Limited, with a loss given default (LGD) assessment of LGD4. Concurrently, Moody's has affirmed the B1 corporate family rating (CFR) and B1-PD probability of default rating of the restricted group of companies owned by Viridian Group Investments Limited (VGIL, and collectively referred to as Viridian), and the Ba1 rating of the GBP225 million guaranteed super senior revolving credit facility with an LGD assessment of LGD1 entered into by Viridian Group Limited. The outlook on all ratings is stable.