Vistra Energy Corp. announced the launch of a private offering of $700 million aggregate principal amount of senior notes due 2027 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes will be senior, unsecured obligations of Vistra Operations Company LLC, a Delaware limited liability company and an indirect, wholly owned subsidiary of the Company. The Notes will be fully and unconditionally guaranteed by certain of the Issuer's current and future subsidiaries. The Company intends to use the proceeds of the Offering to purchase and/or redeem for cash outstanding 7.375% Senior Notes due 2022 issued by Dynegy Inc., as predecessor to Vistra Energy, to pay fees and expenses related to the Offering and for general corporate purposes.