Vistra Corp. (NYSE:VST) is placed 7th on our list of the best stocks to buy. Vistra announced that its subsidiaries have updated two important financing agreements, according to a recent SEC filing.
On July 11, three of Vistra’s subsidiaries, TXU Energy Retail Company, TXU Energy Receivables Company, and Vistra Operations Company, updated their Receivables Purchase Agreement. The amendment raises the total commitment from $1 billion to $1.1 billion and prolongs the agreement until July 10, 2026. Credit Agricole Corporate and Investment Bank will manage the facility.
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TXU Energy Retail Company, Vistra Operations Company, and some originators also upgraded the Master Framework Agreement with MUFG Bank. The change expands the repurchase facility until July 10, 2026. Both agreements are part of Vistra’s financing for receivables and repurchase facilities.
Vistra Corp. (NYSE:VST) is a Texas-based electricity and power generation company catering to about 5 million customers.
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