Vistra (VST) said late Wednesday it priced a private placement of $4 billion of senior notes in four series.
The offering comprises $500 million of notes due 2028 priced at 99.9% of their face value, $1 billion of notes due 2031 at 99.99%, $1 billion of notes due 2033 at 99.813%, and $1.5 billion of notes due 2036 at 99.823%.
The company expects the offering to close April 22 and plans to use the net proceeds for debt repayments general corporate purposes.
Vistra shares were down 1% in premarket activity Thursday.
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