Loan & DebtJun 30, 2026, 04:38 PM
Vistra Operations Increases Revolving Credit to $5.5B
AI Summary
Vistra Operations Company LLC, a subsidiary of Vistra Corp., amended its Credit Agreement and Commodity-Linked Credit Agreement. The Credit Agreement Amendment increased aggregate revolving credit commitments from $3.44 billion to $5.50 billion. Both amendments included the release of guarantors from their respective guarantees and made other conforming changes, such as removing collateral reinstatement requirements and amending certain covenants.
Key Highlights
- Vistra Operations increased aggregate revolving credit commitments from $3.44 billion to $5.50 billion.
- Guarantors were released from guarantees related to revolving credit loans and commitments under the Credit Agreement.
- Collateral reinstatement requirements were removed from the Credit Agreement.
- Certain covenants and representations/warranties in the Credit Agreement were amended, suspended, or removed.
- Guarantors were released from guarantees under the Commodity-Linked Credit Agreement.
Price Impact
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