Vistra Unveils Senior Notes Offering Set for 2031 and 2036

Vistra Corp. (VST) has announced the initiation of a private offering for senior secured notes, targeting maturity dates in 2031 and 2036. This financial move aims to attract both qualified institutional buyers and select non-U.S. investors.

Details of the Offering

The notes will be issued by Vistra Operations Company LLC, a wholly owned subsidiary of Vistra Corp. The offering serves multiple purposes, including funding for the acquisition of Cogentrix Energy.

Use of Proceeds

• Part of the proceeds will finance the acquisition of Cogentrix Energy.
• Remaining funds will support general corporate needs.
• Debt repayment and related fees will also be covered by the net proceeds.

Vistra Corp. continues to explore strategic opportunities to enhance its portfolio while strengthening its financial structure. This offering reflects the company’s commitment to growth and efficiency in managing its capital resources.