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VIRIDIAN ANNOUNCES THAT IT INTENDS TO SATISFY THE CONDITION FOR THE REDEMPTION OF ITS 2020 SENIOR SECURED NOTES
 
LONDON—Friday, September 22, 2017
 
Viridian today announced that it intends to receive the necessary funds to redeem in full its currently outstanding €540,000,000 aggregate principal amount of 7½% Senior Secured Notes due 2020 (the “Notes”) issued by Viridian Group FundCo II Limited pursuant to the indenture dated as of February 13, 2015. As previously  announced on September 14, 2017, this redemption is planned to take place on September 25, 2017. In addition, the offering by Viridian Group FinanceCo PLC and Viridian Power and Energy Holdings DAC of  £225 million aggregate principal amount of 4.75% Senior Secured Notes due 2024 and €350 million aggregate principal amount of 4.00% Senior Secured Notes due 2025 (the “New Notes”), is intended to be consummated on September 25, 2017.
 
As a result, if the conditions set forth in the redemption notice dated September 14, 2017 relating to the Notes are satisfied, Viridian Group FundCo II Limited will redeem the Notes in full on issue date of the New Notes.
 
If you have any questions on the redemption of the Notes, please contact Alwyn Whitford, Investor Relations Manager, on +44 28 9038 3765 or email alwyn.whitford@viridiangroup.co.uk
 
Forward-Looking Statements
 
This press release may include forward-looking statements. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes, ‟estimates”, ‟anticipates”, “expects, ‟intends”, ‟may”, ‟will” or “should” or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts and include statements regarding Viridian or its affiliates’ intentions, beliefs or current expectations concerning, among other things, Viridian or its affiliates’ results of operations, financial condition, liquidity, prospects, growth, strategies and the industries in which they operate. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Readers are cautioned that forward-looking statements are not guarantees of future performance and that Viridian or its affiliates’ actual results of operations, financial condition and liquidity, and the development of the industries in which they operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if Viridian or its affiliates’ results of operations, financial condition and liquidity, and the development of the industries in which they operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

 
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