secwatch.observer — SEC 8-K summary
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Issuer:     Vistra Corp. (VST)
CIK:        0001692819
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001193125-24-100770
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vistra closes $1.5B debt offering: $500M secured notes at 6.000% due 2034, $1B unsecured at 6.875% due 2032
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- Net proceeds of approximately $1.485B after fees and original issue discount.
- Secured notes ($500M, 6.000%) mature April 15, 2034; unsecured notes ($1B, 6.875%) mature April 15, 2032.
- Proceeds will be used for general corporate purposes, including refinancing of 2024 debt maturities.
- Collateral securing the secured notes will be released upon investment grade rating from two of three agencies.
- Interest payable semi-annually on April 15 and October 15, starting October 15, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692819/000119312524100770/0001193125-24-100770-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692819/000119312524100770/d796257d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-100770

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