Upgrade to SI Premium - Free Trial

Vistra redeems $1B in Series A preferred stock at $1,000 per share

October 15, 2026 4:10 PM

Vistra Corp. (NYSE: VST) announced the redemption of all one million outstanding shares of its 8.0% Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, Series A, at $1,000 per share, representing $1.0 billion in aggregate liquidation preference.

The redemption took place on Oct. 15, 2026, in accordance with the governing documents for the Series A Preferred Stock. Vistra had previously declared distributions payable on the same date, meaning no accrued and unpaid dividends remained as of the redemption date.

Following the redemption date, the Series A Preferred Stock ceased to be outstanding, dividends stopped accruing, and all holder rights were terminated except for the right to receive the redemption price and any accrued and unpaid dividends.

Equiniti Trust Company, LLC served as the redemption and paying agent. A formal notice of redemption was delivered to holders of record through Cede & Co., the nominee of DTC.

Categories

Corporate News Hot Corp. News

Next Articles