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Prospect News home > News index > List of issuers V > Headlines for Vistra Corp. > News item |
S&P rates Vistra preferreds B
S&P said it assigned its B issue-level rating to Vistra Corp.'s $1 billion of series A fixed-rate reset cumulative redeemable perpetual preferred stock.
The company will use the proceeds to repurchase shares of common stock.
Vistra’s BB long-term issuer credit rating and stable outlook are unchanged.
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