Viridien upgraded to "B" by S&P, following rating confirmations by Moody's and Fitch
France, April 8 -- Viridien announces today that Standard & Poor's (S&P) has upgraded its long-term credit rating to "B", with a stable outlook, reflecting the Company's solid operational execution. The previous rating was "B-" with a positive outlook. In parallel, the rating on the Company's senior secured notes has been raised to "B+", from "B" previously.S&P highlighted that "the company has built a positive track record of more stable performance over the past couple of years in a volatile market environment, benefiting from the end of the costly Shearwater contract in 2025, as well as a focus on cost control and higher-value projects."This upgrade follows the recent confirmation of Viridien's corporate rating by Moody's at "B2" with a ...
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