secwatch / observer
8-K filed December 26, 2023, 6:59 PM ET ticker VST CIK 0001692819
debt confidence high sentiment neutral materiality 0.50

Vistra Corp. (VST): debt financing — Vistra amends credit agreement with $6.8M incremental term loan, extends maturity to 2030, appoints Citibank agent

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. incurred term loan of $6,823,437.50 with 2023 Incremental Term Loan Lender maturing December 20, 2030.

Instrument
term loan
Principal
$6,823,437.50
Counterparty
2023 Incremental Term Loan Lender
Maturity
December 20, 2030
Event
incurrence
Exact text from the filing
the 2023 Incremental Term Loan Lender provided to the Borrower an incremental term loan (the “2023 Incremental Term Loan”) in an aggregate principal amount of $6,823,437.50, which 2023 Incremental Term Loan was added to (and made a part of) the same Class of Term Loans (and Series of Incremental Term Loans) as the 2018 Incremental Term Loans outstanding under the Credit Agreement immediately prior to giving effect to the Credit Agreement Amendment
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Vistra Corp. amended credit facility at increased by 25 basis points maturing extended to December 20, 2030.

Instrument
credit facility
Rate
increased by 25 basis points
Maturity
extended to December 20, 2030
Event
amendment
Exact text from the filing
the maturity date applicable to the 2018 Incremental Term Loans (which include the 2023 Incremental Term Loan) was extended to December 20, 2030
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Vistra Corp. amended Credit Agreement Amendment with Credit Suisse AG, Cayman Island Branch and Citibank, N.A. (effective 2023-12-20).

Action
amendment
Agreement
credit facility
Counterparty
Credit Suisse AG, Cayman Island Branch and Citibank, N.A.
Effective
2023-12-20
Exact text from the filing
On December 20, 2023 (the "Effective Date"), Vistra Operations Company LLC ("Vistra Operations") (in such capacity, "Borrower"), entered into an amendment (the "Credit Agreement Amendment") among Vistra Operations, Vistra Intermediate Company LLC, the guarantors party thereto, the 2023 Incremental Term Loan Lender, the other lenders party thereto, Credit Suisse AG, Cayman Island Branch, as Administrative and Collateral Agent, and the other parties named therein, which amended that certain Credit Agreement, dated as of October 3, 2016 (as amended, supplemented or otherwise modified from time to time, including by the Credit Agreement Amendment, the "Credit Agreement").
View on SEC.gov

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Vistra Corp. filing history →

Source: SEC EDGAR
accession 0001193125-23-302260
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