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PR Newswire·

Vistra Achieves Investment‑Grade Credit Ratings from S&P and Fitch

  • Vistra Corp. has received an investment-grade long-term issuer default rating upgrade from Fitch Ratings to BBB-.
  • This upgrade follows S&P Global Ratings' investment-grade upgrade of Vistra's issuer credit rating in December 2025.
  • Fitch cited the company's improved business profile, strong credit metrics, supportive capital allocation, & improving market fundamentals for the decision.
  • CEO Jim Burke stated the upgrades reflect consistent strategy execution & a continued focus on balance sheet strength.
  • Vistra's strengthened credit profile is supported by sustained free cash flow, reduced balance sheet leverage, & a diversified generation portfolio.
  • The company secured long-term power purchase agreements with Amazon & Meta, enhancing earnings visibility & stability.
  • Vistra expects the investment-grade ratings to improve capital market access & reduce borrowing costs over time.
  • Vistra is a Fortune 500 integrated retail electricity & power generation company based in Irving, Texas.