trending Market Intelligence /marketintelligence/en/news-insights/trending/esygdb8oea32-mrgrc4clq2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Vistra Energy amends credit agreement

Essential Energy Insights - September, 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Bull market leaves US utilities behind in August

Utilities, midstream reckon with energy transformation on the horizon

Vistra Energy amends credit agreement

Vistra Energy Corp. unit Vistra Operations Co. LLC amended its credit agreement, according to a June 15 filing.

The amendment, outlined in a Form 8-K, allows for the reduction of rate margins interest applicable to the initial term loans to a rate equal to the London Interbank Offered Rate plus an applicable margin of 2.00% or a base rate plus an applicable margin of 1.00%. For the revolving credit loans, the interest rate margins were reduced to a rate equal to LIBOR plus an applicable margin of 1.75% or a base rate plus applicable margin of 0.75%.

Maturity of the revolving credit was also extended to June 14, 2023, from Aug. 4, 2021. The total revolving credit commitment was hiked to $2.5 billion from $860 million, while the revolving credit commitment was increased to $2.3 billion from $715 million.

Further, Vistra Operations also incurred new class of incremental term loans of $2.05 billion to fund the Dynegy Inc. credit agreement payoff. Interest will bear at a rate equal to LIBOR plus applicable margin of 2.00% or a base plus an applicable margin of 1.00%.