Common Contracts
1 similar Credit Agreement contracts
VISTRA ENERGY CORP. CURRENT REPORT DATE OF EVENT REPORTED: February 6, 2017 Item 1: Entry into Material Definitive Agreement.Credit Agreement • May 5th, 2020 • New York
Effective February 6, 2017 (the “Effective Date”), Vistra Operations Company LLC (“Vistra Operations”), an indirect wholly-owned subsidiary of Vistra Energy Corp. (the “Company”), entered into an amendment (the “Repricing Amendment”) to that certain Credit Agreement, dated as of October 3, 2016 (as amended from time to time, the “Credit Facilities”), among Vistra Operations, as Borrower, and Deutsche Bank AG New York Branch, as Administrative and Collateral Agent, and the other parties named therein. As a result of the Repricing Amendment, the interest rate on the (i) outstanding $2.85 billion Initial Term Loans, (ii) outstanding $650 million Initial Term C Loans and (iii) Revolving Credit Loans (each as defined in the Credit Facilities) were reduced and, effective as of the Effective Date, bear interest at a rate equal to, at Vistra Operations’ option, either LIBOR (in the case of the Initial Term Loans and Initial Term C Loans, subject to a LIBOR floor of 0.75%) plus an applicable ma
