Vistra Operations Completes Private Offering of Senior Secured Notes

Details

The notes consist of $1.0 billion of 4.700% notes due 2031 and $1.250 billion of 5.350% notes due 2036. The offering was not registered under the Securities Act of 1933 and was sold to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. The net proceeds will be used for a portion of the acquisition of Cogentrix Energy, for general corporate purposes, and to pay fees and expenses related to the offering.

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About Vistra Corp

Vistra Corp is a prominent integrated energy company focused on providing utility and energy services primarily within the United States. It functions as a significant player in the industry by owning and operating a diverse portfolio of electricity generation assets, utilizing a range of energy sources including natural gas, nuclear, coal, and renewable resources. The company serves an extensive customer base, offering retail electricity and related services to residential, commercial, and industrial sectors. Vistra's operations are distinguished by its dedication to sustainable energy practices and its strategic initiatives in promoting cleaner energy solutions, aligning with global trends toward emission reduction. The company plays a critical role in ensuring energy reliability and affordability, balancing its conventional energy sources with an increasing focus on renewable and low-carbon technology integration. In the financial market, Vistra Corp is recognized for its substantial contribution to the energy sector, influencing electricity markets and utility services at local and national levels. Its comprehensive service offerings and a commitment to innovation continue to position Vistra as a pivotal entity in the evolving landscape of energy production and consumption.