Vistra stock in focus as VST prices $2.25 billion notes; analysts cite Meta nuclear deal
Vistra shares rose 0.2% to $172.95 after the company priced $2.25 billion in senior secured notes to help fund its Cogentrix acquisition. Fitch rated the new debt ‘BBB-’ with a positive outlook. Scotiabank lifted its price target to $293, citing Vistra’s 20-year nuclear power deals with Meta. The notes, maturing in 2031 and 2036, close Jan. 22.