Vistra Corp. announced on September 24, 2026, that its subsidiary, Vistra Operations Company LLC, successfully completed an underwritten public offering of senior subordinated debt. The total aggregate principal amount raised was $1.5 billion, consisting of two separate series of notes.
The offering included $850,000,000 of 7.000% Series A Junior Subordinated Notes due 2057 and $650,000,000 of 7.250% Series B Junior Subordinated Notes due 2057. Both series of notes were issued pursuant to an indenture dated September 24, 2026, and are irrevocably and unconditionally guaranteed by Vistra Corp.
The securities were sold pursuant to an underwriting agreement dated September 10, 2026, with representatives from Barclays Capital Inc., BofA Securities Inc., Mizuho Securities USA LLC, MUFG Securities Americas Inc., and Truist Securities Inc.
The offering was registered under a Form S-3 registration statement filed with the Securities and Exchange Commission on September 8, 2026.
