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Vistra Energy plans to buy back and/or redeem 7 3/8% notes due 2022
By Angela McDaniels
Tacoma, Wash., Jan. 22 – Vistra Energy Corp. said it plans to purchase and/or redeem for cash outstanding 7 3/8% senior notes due 2022 issued by its predecessor, Dynegy Inc.
The company will use proceeds from a private offering of $700 million of senior notes due 2027 issued by subsidiary Vistra Operations Co. LLC.
Proceeds will also be used for general corporate purposes.
Vistra Energy is an integrated power company based in Irving, Texas.
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