Summary by Moomoo AI
Vistra Operations Company LLC, a wholly owned subsidiary of Vistra Corp, has amended its Commodity Linked Credit Agreement on October 2, 2024. The amendment extends the Revolving Credit Maturity Date by one year to October 1, 2025, and increases the Revolving Credit Commitments from $1.575 billion to $1.75 billion.The amendment also includes modifications to the definitions of Deemed Hedge Portfolio and MTM Amount, along with other conforming changes. The expanded credit facility maintains the same prepayment provisions and other terms and conditions applicable to the existing Revolving Credit Commitments and Revolving Credit Loans under the agreement.
