secwatch / observer
8-K filed January 27, 2026, 6:59 PM ET ticker VST CIK 0001692819
debt confidence high sentiment neutral materiality 0.75

Vistra issues $2.25B senior secured notes to fund Cogentrix Energy acquisition

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 0.95

Vistra Corp. incurred senior notes of $2.250 billion aggregate principal amount with Wilmington Trust, National Association at 4.700% per annum on the 2031 Notes and 5.350% per annum on the 2036 Notes maturing January 31, 2031 for the 2031 Notes and January 31, 2036 for the 2036 Notes.

Instrument
senior notes
Principal
$2.250 billion aggregate principal amount
Counterparty
Wilmington Trust, National Association
Rate
4.700% per annum on the 2031 Notes and 5.350% per annum on the 2036 Notes
Maturity
January 31, 2031 for the 2031 Notes and January 31, 2036 for the 2036 Notes
Event
incurrence
Exact text from the filing
On January 22, 2026, Vistra Operations Company LLC (“Vistra Operations” or the “Issuer”), an indirect, wholly owned subsidiary of Vistra Corp., a Delaware corporation (the “Company” or “Vistra”), completed its previously announced private offering (the “Offering”) of $2.250 billion aggregate principal amount of the Issuer’s senior secured notes, consisting of $1.0 billion aggregate principal amount of the Issuer’s 4.700% senior secured notes due 2031 (the “2031 Notes”), and $1.250 billion aggregate principal amount of the Issuer’s 5.350% senior secured notes due 2036 (the “2036 Notes” and, together with the 2031 Notes, the “Secured Notes”).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Vistra Corp. entered into Twenty-Third Supplemental Indenture with Wilmington Trust, National Association valued at $2.250 billion (effective 2026-01-22).

Action
entry
Agreement
notes offering
Counterparty
Wilmington Trust, National Association
Value
$2.250 billion
Effective
2026-01-22
Exact text from the filing
completed its previously announced private offering (the "Offering") of $2.250 billion aggregate principal amount of the Issuer’s senior secured notes
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Vistra Corp. filing history →

Source: SEC EDGAR
accession 0001193125-26-024837
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