Vistra lifts commodity-linked revolver commitments to $1.35 billion

By Marisa Wong

Los Angeles, Oct. 27 – Vistra Operations Co. LLC, an indirect wholly owned subsidiary of Vistra Corp., entered into an amendment on Oct. 21 to increase the total revolving credit commitment under its commodity-linked facility to $1.35 billion from $1.25 billion, according to an 8-K filing with the Securities and Exchange Commission.

The borrower intends to use the liquidity provided under the commodity-linked facility to make cash postings as required under various commodity contracts as power prices increase from time to time and for other working capital and general corporate purposes.

Citibank, NA is administrative agent and collateral agent for the credit agreement dated Feb. 4, 2022.

Vistra is an Irving, Tex.-based energy company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.