Vistra Announces Private Offering of Senior Notes

IRVING, Texas, April 8, 2026 /PRNewswire/ -- Vistra Corp. (NYSE:VST) (the "Company" or "Vistra") announced today the launch of multiple series of senior unsecured notes (collectively, the "Notes") in a private offering (the "Offering") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes will be senior, unsecured obligations of Vistra Operations Company LLC, a Delaware limited liability company and an indirect wholly owned subsidiary of the Company (the "Issuer"). The Notes will be fully and unconditionally guaranteed by certain of the Issuer's current and future subsidiaries that also guarantee the Issuer's Credit Agreement, dated as of October 3, 2016 (as amended, the "Credit Agreement"), by and among the Issuer, as borrower, Vistra Intermediate Company LLC, the guarantors party thereto, Citibank, N.A., as administrative and collateral agent, various lenders and letter of credit issuers party thereto, and the other parties named therein.

The Company intends to use the proceeds from the Offering (i) to repay or redeem existing indebtedness, including the Company's Senior Notes due 2027 and/or Term Loan B-3 Facility, (ii) for general corporate purposes and/or (iii) to pay fees and expenses related to the Offering.

The Notes have not been registered under the Securities Act or the securities laws of any state or other jurisdiction and may not be offered or sold in ...

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