Financing ·
VST raises $1.5 billion via $850M Series A and $650M Series B junior subordinated notes due 2057
VSTVistra Corp.
On September 24, 2026, Vistra Operations Company LLC completed an underwritten public offering of $850 million in aggregate principal amount of its 7.000% Series A Junior Subordinated Notes due 2057 and $650 million of its 7.250% Series B Junior Subordinated Notes due 2057. The total debt issuance amounts to $1.5 billion, with the obligations irrevocably guaranteed by parent company Vistra Corp. The securities were issued under an indenture dated September 24, 2026, involving Barclays Capital Inc., BofA Securities Inc., Mizuho Securities USA LLC, MUFG Securities Americas Inc., and Truist Securities Inc. as underwriters. This significant debt financing alters the company's capital structure and interest obligations. Vistra Corp. operates in the electric utility industry, providing electricity generation and retail energy services.