Vistra’s $2.8 Billion Revolving Credit Facility

White & Case has advised Citi and several other financial institutions, as joint lead arrangers and joint bookrunners on a credit agreement amendment with Vistra Operations Company LLC.

The agreement provides for the establishment of a new US$2.8 billion class of extended revolving credit commitments, with the applicable maturity date extended to April 29, 2027.

The total revolving credit commitments for both the newly established commitments and the existing non-extended commitments under the credit agreement were increased to an aggregate of US$3 billion.

Vistra is a premier Fortune 350 energy company based in Irving, Texas that is focused on the competitive energy and power generation markets. 

The White & Case team that advised on the transaction was led by partner Rob Morrison (Picture; Los Angeles) and associates Tim Landwehr (Chicago) and Peter Denton (Los Angeles).

Involved fees earner: Peter Denton – White & Case; Timothy Landwehr – White & Case; Robert Morrison – White & Case;

Law Firms: White & Case;

Clients: Citibank;