Vistra Energy to prepay some of term loan with new note proceeds

By Sarah Lizee

Olympia, Wash., June 4 – Vistra Energy Corp. plans to prepay certain amounts outstanding under its senior secured term loan using proceeds from a new issue of notes and cash on hand, according to a press release.

The company announced Tuesday that it plans to price $1 billion of senior secured notes due 2024 and 2029.

Vistra is an Irving, Texas-based integrated power company.

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