---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-236277"
form_type: "8-K"
ticker: "VST"
cik: "0001692819"
company_name: "Vistra Corp."
filed_at: "2023-09-15T23:59:59+00:00"
generated_at: "2026-06-10T16:25:40.817581+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vistra launches $1.75B notes offering to fund Energy Harbor acquisition and general purposes

## Summary
- $650M senior secured notes due 2033 at 6.950% and $1.1B senior unsecured notes due 2031 at 7.750%.
- Proceeds to fund cash component of Energy Harbor merger, refinance debt, and pay fees.
- Offerings not conditioned on merger completion; closing expected Sept. 26, 2023.
- Secured notes collateralized by same assets as Credit Agreement; collateral releases upon investment-grade rating.
- Notes sold in private placement under Rule 144A and Regulation S.

## SEC filing metadata
- accession: 0001193125-23-236277
- form_type: 8-K
- ticker: VST
- cik: 0001692819
- company_name: Vistra Corp.
- filed_at: 2023-09-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692819/000119312523236277/0001193125-23-236277-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692819/000119312523236277/d486267d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-236277
- JSON: https://secwatch.observer/filing/0001193125-23-236277.json
- Plain text: https://secwatch.observer/filing/0001193125-23-236277.txt

## Key facts
- Material Agreements
  Vistra Corp. entered into Purchase Agreements with Citigroup Global Markets Inc., as representative of the several initial purchasers valued at $650 million aggregate principal amount of the Issuer's 6.950% senior secured notes due 2033 and $1. (effective 2023-09-12).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Citigroup Global Markets Inc., as representative of the several initial purchasers
  - Value: $650 million aggregate principal amount of the Issuer's 6.950% senior secured notes due 2033 and $1.
  - Effective: 2023-09-12
  source text: in connection with the offer and sale by the Issuer, and the purchase by the Initial Purchasers, of $650 million aggregate principal amount of the Issuer’s 6.950% senior secured notes due 2033
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692819/000119312523236277/0001193125-23-236277-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.