Brookfield Asset Mgmt Sales in Vistra Corp. to fund Musk Twatter investment:$214.51M-May 4-11
from May 5th
Brookfield's venture capital arm cuts biggest check yet for Elon Musk's Twitter buyout
Brookfield Growth division piled US$250 million into Musk's US$7.1 billion equity raise for the deal. Brookfield Asset Management Inc.’s new venture capital arm has cut its largest check to date to help finance Elon Musk’s takeover of Twitter Inc.The alternative asset manager’s Brookfield Growth division piled $250 million into Musk’s US$7.1 billion equity raise for the deal, according to a regulatory filing Wednesday. The financing for Musk stems from a long-standing relationship between the billionaire and Canada’s largest alternative asset manager. The check is the largest ever for the venture capital arm and a little out of step from the late-stage funding it typically provides to private tech companies — at much smaller sums, according to a person familiar with the matter. Brookfield raised US$500 million for the growth fund last November.
https://financialpost.com/fp-finance/brookfields-venture-arm-cuts-biggest-check-yet-for-musks-twitter-buyout
Sales in Vistra Corp. $214,515,435 May 4-11
https://finviz.com/insidertrading.ashx?oc=1001085&tc=7
Vistra also doing this from 05/10/2022
Vistra Prices Private Offering of $1.5 Billion of Senior Secured Notes
Vistra Corp. (NYSE: VST) (the "Company" or "Vistra") announced today the pricing of a private offering (the "Offering") of $1.5 billion aggregate principal amount of senior secured notes, consisting of $400 million aggregate principal amount of senior secured notes due 2024 at a price to the public of 100% of their face value (the "2024 Notes") and $1.1 billion aggregate principal amount of senior secured notes due 2025 at a price to the public of 99.808% of their face value (the "2025 Notes and together with the 2024 Notes, the "Secured Notes") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The Secured Notes will be senior, secured obligations of Vistra Operations Company LLC, a Delaware limited liability company and an indirect, wholly owned subsidiary of the Company (the "Issuer"). The 2024 Notes will bear interest at the rate of 4.875% per annum, and the 2025 Notes will bear interest at the rate of 5.125% per annum.
https://www.marketscreener.com/quote/stock/VISTRA-CORP-34858180/news/Vistra-Prices-Private-Offering-of-1-5-Billion-of-Senior-Secured-Notes-40376259/
Vistra Corp. is an integrated retail electricity and power generation company, which provides essential resources for customers, commerce and communities. The Company offers its products and services to market in Columbia, Canada and Japan. It serves approximately 4.3 million residential, commercial and industrial retail customers with electricity and natural gas. The Company operates through six segments. The Retail segment is engaged in its retail sales of electricity and natural gas to residential, commercial and industrial customers. The Texas segment is engaged in its electricity generation operations. The East segment is engaged in its electricity generation operations in the Eastern Interconnection of the United States electric grid. The West segment is engaged in its electricity generation operations. The Sunset segment is engaged in plants with announced retirement plans. The Asset Closure segment is engaged in the decommissioning and reclamation of retired plants and mines. Number of employees : 5 060 people.
https://www.marketscreener.com/quote/stock/VISTRA-CORP-34858180/company/