secwatch.observer — SEC 8-K summary
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Issuer:     Vistra Corp. (VST)
CIK:        0001692819
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001193125-24-261725
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vistra modifies Avenue unit purchase terms, conditional on $1.25B notes offering
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- Vistra enters letter agreement with Avenue; if $1.25B+ notes priced by Dec 20, Avenue's 15% Vistra Vision stake closes Dec 31, 2024 in single payment.
- Purchase price for Avenue's 399,277 Class B units is $819.8M, subject to distribution adjustments.
- If notes financing not completed by Dec 20, original September UPA terms remain in effect.
- Vistra also buying Nuveen's Class B units under separate UPA to acquire combined 15% equity interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692819/000119312524261725/0001193125-24-261725-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692819/000119312524261725/d808714d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-261725

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