Our Finance Group helps clients navigate the business and legal complexities of novel and multidimensional debt financing transactions. We fully understand the challenges faced by borrowers, investors and lenders throughout a company’s lifecycle, from evolving techniques in acquisition finance to the tensions inherent in distressed situations. We are the firm of choice for the most innovative and complex financing matters, including bespoke structured financings and whole-business securitizations of novel assets and restructurings of multibillion-dollar companies.
Vistra Closes Incremental Loan Transaction
- Client News
- December 14, 2016
Paul, Weiss client Vistra Operations Company LLC, a subsidiary of Vistra Energy Corp, a Texas-based energy company, announced that it had incurred an additional $1 billion of term loans and increased the commitments under its revolving credit facility by $110 million, in each case pursuant to an amendment to its existing senior secured credit facilities. Proceeds from the new term loans will be used to fund a dividend to Vistra's shareholders.
The Financing team included, among others, corporate partners Brad Finkelstein and tax partner Brad Okun.
