Vistra Corp.'s subsidiary, Vistra Operations Company LLC, amended its primary credit agreement to significantly increase its borrowing capacity and modify key terms. The amendment, effective June 24, 2026, increases the company's aggregate revolving credit commitments by over $2 billion, enhancing its financial flexibility.
Key Details
- Increased Capacity: The total revolving credit commitments under the main credit agreement were increased from $3.44 billion to $5.50 billion.
- Favorable Term Changes: The amendment released guarantors from their obligations related to the revolving credit facility, removed collateral reinstatement requirements, and modified certain covenants.
- Conforming Amendments: A related amendment was also executed for the company's Commodity-Linked Credit Agreement to release its guarantors, aligning its terms with the primary facility.