secwatch / observer
8-K filed October 11, 2023, 7:59 PM ET ticker VST CIK 0001692819
debt confidence high sentiment neutral materiality 0.55

Vistra Corp. (VST): debt financing — Vistra upsizes commodity-linked credit facility to $1.575B and extends maturity to Oct 2024

Vistra Corp.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Vistra Corp. amended revolving credit of increased from $1.350 billion to $1.575 billion with Citibank, N.A. maturing October 2, 2024.

Instrument
revolving credit
Principal
increased from $1.350 billion to $1.575 billion
Counterparty
Citibank, N.A.
Maturity
October 2, 2024
Event
amendment
Exact text from the filing
the aggregate Revolving Credit Commitments increased from $1.350 billion to $1.575 billion
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

Vistra Corp. amended Commodity Linked Credit Agreement with Citibank, N.A. valued at Revolving Credit Commitments increased from $1.350 billion to $1.575 billion (effective 2023-10-04).

Action
amendment
Agreement
credit facility
Counterparty
Citibank, N.A.
Value
Revolving Credit Commitments increased from $1.350 billion to $1.575 billion
Effective
2023-10-04
Exact text from the filing
On October 4, 2023, Vistra Operations Company LLC (“Vistra Operations” or the “Borrower”), an indirect, wholly owned subsidiary of Vistra Corp. (the “Company”), entered into an amendment (the “Credit Agreement Amendment”) to that certain credit agreement (as amended, including by the Credit Agreement Amendment, the “Commodity Linked Credit Agreement”), dated as of February 4, 2022, by and among Borrower, Vistra Intermediate Company LLC (“Vistra Intermediate”), Citibank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and collateral agent (in such capacity, the “Collateral Agent” and together with the Administrative Agent, the “Agent”), the financial institutions from time to time party thereto, as lenders (the “Lenders”) and letter of credit issuers, and the other parties party thereto.
View on SEC.gov

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Vistra Corp. filing history →

Source: SEC EDGAR
accession 0001193125-23-253871
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