Vistra Operations Company LLC, a subsidiary of Vistra Corp., plans to launch a private offering of senior secured notes due 2026 and 2034 to qualified institutional buyers. The company will disclose pro forma financial information reflecting its acquisition of Energy Harbor Corp. in a preliminary offering memorandum.The unaudited pro forma financial information as of September 30, 2024, gives effect to the $3 billion Energy Harbor acquisition completed on March 1, 2024. Vistra financed the deal with $1.75 billion in new notes, $1.375 billion in credit facilities, and cash on hand. The transaction combined Energy Harbor's nuclear and retail businesses with Vistra's nuclear, retail, and select renewables assets under a new entity, Vistra Vision.The pro forma financials show Vistra's operating revenues would have been $13.91 billion for the nine months ended September 30, 2024, with net income of $2.33 billion. The company notes these pro forma results do not include potential cost savings or synergies from the merger.

Vistra Operations Company LLC, a subsidiary of Vistra Corp., plans to launch a private offering of senior secured notes due 2026 and 2034 to qualified institutional buyers. The company will disclose pro forma financial information reflecting its acquisition of Energy Harbor Corp. in a preliminary offering memorandum.The unaudited pro forma financial information as of September 30, 2024, gives effect to the $3 billion Energy Harbor acquisition completed on March 1, 2024. Vistra financed the deal with $1.75 billion in new notes, $1.375 billion in credit facilities, and cash on hand. The transaction combined Energy Harbor's nuclear and retail businesses with Vistra's nuclear, retail, and select renewables assets under a new entity, Vistra Vision.The pro forma financials show Vistra's operating revenues would have been $13.91 billion for the nine months ended September 30, 2024, with net income of $2.33 billion. The company notes these pro forma results do not include potential cost savings or synergies from the merger.