Vistra prices $2 billion senior notes

Vistra (NYSE:VST) priced private offering of $2 billion senior secured notes, consisting of $750 million senior secured notes due 2028 at a price to the public of 99.974% of their face value, $500 million senior secured notes due 2030 at a price to the public of 99.933% of their face value, and $750 million senior secured notes due 2035 at a price to the public of 99.691%.
The company intends to use the proceeds to support refinancing activities for outstanding indebtedness, for general corporate purposes, which could include funding a portion of the consideration for the previously announced acquisition by the company of 100% of the membership interests of certain subsidiaries of Lotus Infrastructure Partners and/or to pay fees and expenses related to the offering.
The offering is expected to close on October 10, 2025.