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
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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.
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