secwatch.observer — SEC 8-K summary
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Issuer:     Vistra Corp. (VST)
CIK:        0001692819
Form:       8-K
Filed at:   2023-10-02T23:59:59+00:00
Accession:  0001193125-23-248069
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vistra closes $1.75B debt offering to finance Energy Harbor acquisition
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- Issued $650M of 6.950% senior secured notes due 2033 and $1.1B of 7.750% senior unsecured notes due 2031.
- Net proceeds of ~$1.73B after fees, to fund cash portion of Energy Harbor merger and for general corporate purposes.
- Secured notes are backed by a first-priority interest in collateral pledged under existing credit agreement.
- Concurrently amended credit agreements to permit Vistra Vision dispositions and certain other modifications.
- Interest payable semi-annually starting April 15, 2024; notes callable at make-whole or fixed prices depending on period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692819/000119312523248069/0001193125-23-248069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692819/000119312523248069/d503539d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-248069

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