Vistra Prices Private Offering of $1.25 Billion of Senior Secured Notes
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Vistra Corp. has announced the pricing of a $1.25 billion private offering of senior secured notes, with $500 million due in 2026 and $750 million due in 2034. The offering is targeted at qualified institutional buyers and certain non-U.S. persons.
November 19, 2024 | 10:45 pm
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Vistra Corp. has priced a $1.25 billion private offering of senior secured notes, enhancing its financial flexibility. The notes are due in 2026 and 2034, aimed at institutional buyers.
The successful pricing of the $1.25 billion notes indicates strong demand and confidence from institutional investors. This move is likely to improve Vistra's liquidity and financial flexibility, which is positive for the company's short-term financial health.
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