Loan & DebtSep 24, 2026, 05:19 PM
Vistra Corp. Subsidiary Prices $1.5B Junior Subordinated Notes Offering
AI Summary
Vistra Corp. announced that its indirect wholly owned subsidiary, Vistra Operations Company LLC, has completed a public offering of $850 million in aggregate principal amount of 7.000% Series A Junior Subordinated Notes due 2057 and $650 million in aggregate principal amount of 7.250% Series B Junior Subordinated Notes due 2057. These notes, collectively referred to as the "Securities," are guaranteed by Vistra Corp. The offering was conducted under a registration statement filed on Form S-3 and an underwriting agreement dated September 10, 2026.
Key Highlights
- Vistra Operations Company LLC completed an underwritten public offering of $850 million in 7.000% Series A Junior Subordinated Notes due 2057.
- Vistra Operations Company LLC also completed an underwritten public offering of $650 million in 7.250% Series B Junior Subordinated Notes due 2057.
- The Notes are irrevocably and unconditionally guaranteed by Vistra Corp.
- The offering was made pursuant to a registration statement filed on Form S-3.
- The Securities were sold under an Underwriting Agreement dated September 10, 2026.
Price Impact
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