--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-24-090258" form_type: "8-K" ticker: "VST" cik: "0001692819" company_name: "Vistra Corp." filed_at: "2024-04-09T23:59:59+00:00" generated_at: "2026-06-04T00:59:48.232352+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.55 calibrated_materiality_score: 0.55 confidence: "high" source: SEC EDGAR --- # Vistra increases receivables purchase facility to $1B, integrates Energy Harbor ## Summary - Commitment under RPA raised from $750M to $1B via amendment dated April 8, 2024. - Energy Harbor LLC joined as originator, can now sell receivables to TXU Receivables. - MUFG Bank receives security interest in subordinated note; Vistra Operations guaranties Energy Harbor. - Energy Harbor also joined existing repurchase framework with TXU Retail and MUFG. ## SEC filing metadata - accession: 0001193125-24-090258 - form_type: 8-K - ticker: VST - cik: 0001692819 - company_name: Vistra Corp. - filed_at: 2024-04-09T23:59:59+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.55 - calibrated_materiality_score: 0.55 - confidence: high - sec_items: 1.01, 2.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1692819/000119312524090258/0001193125-24-090258-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692819/000119312524090258/d816579d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-24-090258 - JSON: https://secwatch.observer/filing/0001193125-24-090258.json - Plain text: https://secwatch.observer/filing/0001193125-24-090258.txt ## Key facts - Debt Financings Vistra Corp. amended credit facility of increased from $750 million to $1,000 million with Credit Agricole Corporate and Investment Bank. - Instrument: credit facility - Principal: increased from $750 million to $1,000 million - Counterparty: Credit Agricole Corporate and Investment Bank - Event: amendment source text: of August 21, 2018 (as amended, supplemented or otherwise modified from time to time, the “RPA”) among TXU Receivables, as seller, TXU Retail, as servicer, Vistra Operations, as performance guarantor, certain purchaser agents and purchasers named therein and Credit Agricole Corporate and Investment Bank (“Credit Agricole”), as administrator. evidence_url: https://www.sec.gov/Archives/edgar/data/1692819/000119312524090258/0001193125-24-090258-index.htm - Debt Financings Vistra Corp. incurred guarantee with MUFG Bank, Ltd.. - Instrument: guarantee - Counterparty: MUFG Bank, Ltd. - Event: incurrence source text: Repurchase Facility Joinder In connection with the existing repurchase facility, on April 8, 2024, Energy Harbor, together with TXU Retail, as seller party agent, Vistra Operations, as guarantor, and MUFG Bank, Ltd. (“MUFG”), as buyer, entered into a Joinder Agreement (the “Joinder Agreement”), whereby Energy Harbor (i) became party to that certain Master Framework Agreement, dated as of October 9, 2020 (as amended, supplemented or otherwise modified from time to time, the “Framework Agreement”), by and among TXU Retail, Dynegy, Dynegy East, Ambit, Trieagle, Value Brands and MUFG and (ii) granted MUFG a security interest in the Subordinated Note to secure its obligations under the Framework Agreement. evidence_url: https://www.sec.gov/Archives/edgar/data/1692819/000119312524090258/0001193125-24-090258-index.htm - Material Agreements Vistra Corp. amended Receivables Purchase Agreement Amendment with Credit Agricole Corporate and Investment Bank valued at Increased from $750 million to $1,000 million (effective 2024-04-08). - Action: amendment - Agreement: credit facility - Counterparty: Credit Agricole Corporate and Investment Bank - Value: Increased from $750 million to $1,000 million - Effective: 2024-04-08 source text: On April 8, 2024, TXU Energy Retail Company LLC (“TXU Retail”), TXU Energy Receivables Company LLC (“TXU Receivables”), a wholly owned subsidiary of TXU Retail, and Vistra Operations Company LLC (“Vistra Operations”), each of which are indirect, wholly owned subsidiaries of Vistra Corp., entered into an amendment (the “RPA Amendment”) to the Receivables Purchase Agreement dated as of August 21, 2018 (as amended, supplemented or otherwise modified from time to time, the “RPA”) among TXU Receivables, as seller, TXU Retail, as servicer, Vistra Operations, as performance guarantor, certain purchaser agents and purchasers named therein and Credit Agricole Corporate and Investment Bank (“Credit Agricole”), as administrator. The RPA Amendment amends certain provisions of the RPA to increase the aggregate commitment of the committed purchasers from $750 million to $1,000 million for the remaining term of the RPA. evidence_url: https://www.sec.gov/Archives/edgar/data/1692819/000119312524090258/0001193125-24-090258-index.htm - Material Agreements Vistra Corp. entered into Joinder Agreement to Master Framework Agreement with MUFG Bank, Ltd. valued at No monetary value specified (effective 2024-04-08). - Action: entry - Agreement: credit facility - Counterparty: MUFG Bank, Ltd. - Value: No monetary value specified - Effective: 2024-04-08 source text: On April 8, 2024, Energy Harbor, together with TXU Retail, as seller party agent, Vistra Operations, as guarantor, and MUFG Bank, Ltd. (“MUFG”), as buyer, entered into a Joinder Agreement (the “Joinder Agreement”), whereby Energy Harbor (i) became party to that certain Master Framework Agreement, dated as of October 9, 2020 (as amended, supplemented or otherwise modified from time to time, the “Framework Agreement”), by and among TXU Retail, Dynegy, Dynegy East, Ambit, Trieagle, Value Brands and MUFG and (ii) granted MUFG a security interest in the Subordinated Note to secure its obligations under the Framework Agreement. evidence_url: https://www.sec.gov/Archives/edgar/data/1692819/000119312524090258/0001193125-24-090258-index.htm - Material Agreements Vistra Corp. amended Purchase and Sale Agreement Amendment with TXU Retail, Dynegy, Dynegy East, Ambit, Trieagle, Value Brands, Energy Harbor valued at No monetary value specified (effective 2024-04-08). - Action: amendment - Agreement: credit facility - Counterparty: TXU Retail, Dynegy, Dynegy East, Ambit, Trieagle, Value Brands, Energy Harbor - Value: No monetary value specified - Effective: 2024-04-08 source text: TXU Receivables, TXU Retail, Dynegy Energy Services, LLC (“Dynegy”), Dynegy Energy Services (East), LLC (“Dynegy East”), Ambit Texas, LLC (“Ambit”), Trieagle Energy LP (“Trieagle”), Value Based Brands, LLC (“Value Brands”) and Energy Harbor entered into an amendment (the “PSA Amendment” and together with the RPA Amendment, the “Receivable Amendments”) to the Purchase and Sale Agreement, dated as of August 21, 2018 (as amended, supplemented or otherwise modified from time to time, the “PSA”), among TXU Receivables, TXU Retail and certain originators named therein. evidence_url: https://www.sec.gov/Archives/edgar/data/1692819/000119312524090258/0001193125-24-090258-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.