debt
confidence high
sentiment positive
materiality 0.55
Vistra Zero subsidiary amends credit agreement, cuts interest margins by 75 bps
Vistra Corp.
- Interest rate margins on ABR Loans and Term SOFR Loans reduced by 75 basis points.
- Quarterly amortization payments eliminated under the amended credit agreement.
- Maximum incremental facilities amount increased; certain negative covenant baskets expanded.
- Amendment effective December 17, 2024, among Vistra Zero, lenders, and Citibank as agent.