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Vistra to use proceeds from note offering to pay down bank debt
Chicago, May 5 – Vistra Operations Co. LLC, a wholly owned subsidiary of Vistra Corp., will use the proceeds from a new $1.25 billion offering of senior notes to repay all amounts outstanding under the company’s term loan A facility, according to a press release.
The proceeds will specifically repay the $1.25 billion 364-day term loan the issuer raised in March and April 2021.
Vistra is a Texas-based energy company.
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