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Viridian (Ireland)



Status: Performing

All payments are on time

All covenants met




Current Yield


Estimated Yield to Maturity


Maturity Date

15 Sep 2024

Interest Payment Frequency


Next interest payment

15 Sep 2018

Asset Security

First ranking charge over company assets

Industry Type


Next Call

15 Sept 2020 102.375, 15 Sept 2021 101.188, 15 Sept 2022 100.0



Business Description

Viridian is the leading independent energy company in the all-Ireland market. With substantial businesses in both NI and the ROI and an annual turnover of circa €1.5 Billion, the Viridian Group is one of Ireland’s Top 50 Businesses. Viridian Group has always been at the forefront of innovation and was the first independent energy company to enter the deregulated market to offer competitive electricity to Irish businesses in 1999. Viridian, a forward thinking and innovative organisation, was first to market with many major initiatives including: • First independent energy company to build two modern power plants in Ireland with no state guarantees. • First independent energy company to offer competitive gas to Irish businesses and Ireland’s first independent dual fuel offering. • First energy company to trade electricity using the north-south inter-connector. Through Energia and Power NI, Viridian has a circa 20% share of domestic electricity sales and a circa 27% share of business electricity sales on an all-Ireland basis. Viridian employs approximately 630 staff across NI and the ROI.

* The coupon divided by the price. Where the coupon is partly dependent on Libor it uses market based Libor forecasts at each coupon date over the next 12 months.
** The estimated yield from holding a bond to maturity including interest and capital repayment and assuming interest is re-invested at the same yield. Please note this calculation may be adversely affected by features in bond such as calls or prepayments. Where the coupon is partly dependent on Libor it uses market based forecasts of Libor until the maturity date.
Please note that the current yield and yield to maturity are an estimated return calculation and not guaranteed. All yields shown are gross of taxation and our Service Fee.

Status: Performing


The company currently has no outstanding notes.

Capital at risk. No FSCS cover. See Risk Statement.


Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are investing in a Participation Note, or “Note”, which corresponds and is backed by a specific loan or bond investment made through the WiseAlpha platform reflecting the key economic terms of the investment.

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