The company said its indirect subsidiary Vistra Zero Operating Company, LLC entered into a Credit Agreement Amendment on December 17, 2024 with Citibank, N.A. as Administrative Agent and Collateral Agent. The amendment modifies the Credit Agreement dated March 26, 2024.

1. 01

   The company said its indirect subsidiary Vistra Zero Operating Company, LLC entered into a Credit Agreement Amendment on December 17, 2024 with Citibank, N.A. as Administrative Agent and Collateral Agent. The amendment modifies the Credit Agreement dated March 26, 2024.

2. 02

   The company said the amendment reduced the interest rate margins applicable to both ABR Loans and Term SOFR Loans by 75 basis points. The amendment took effect on December 17, 2024.

3. 03

   The company said the amendment removed the requirement for quarterly amortization payments under the Credit Agreement.

4. 04

   The company said Vistra Zero, the borrower, directly owns and operates 1.4 gigawatts of operating solar and battery storage facilities. The amendment also increases the maximum permissible incremental facilities amount and the capacity of certain negative covenant baskets.

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