Vistra Announces Private Offerings of Senior Secured Notes and Senior Unsecured Notes
Portfolio Pulse from Benzinga Newsdesk
Vistra Corp. (NYSE:VST) has announced the launch of senior secured notes due 2033 and senior unsecured notes due 2031 in concurrent private offerings to qualified institutional buyers and certain non-U.S. persons. The offerings are pursuant to Rule 144A under the Securities Act of 1933, as amended, and Regulation S under the Securities Act.
September 12, 2023 | 12:09 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Vistra Corp. is issuing senior secured and unsecured notes, which could potentially attract institutional investors and non-U.S. persons, potentially impacting the company's stock.
The issuance of senior secured and unsecured notes by Vistra Corp. could attract institutional investors and non-U.S. persons. This could potentially increase the demand for the company's stock, but the exact impact will depend on the response of these investors to the offerings.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100