VST Vistra Corp

Accounts Receivable Facility Amendments

On July 15, 2019, TXU Energy Receivables Company LLC (“TXU Receivables”), a wholly owned subsidiary of TXU Energy Retail Company LLC (“TXU Retail”), and Vistra Operations Company LLC (“Vistra Operations ”) entered into (i) an amendment (the “RPA Amendment”) to the Receivables Purchase Agreement dated as of August 21, 2018 (as amended, supplemented or otherwise modified from time to time, the “RPA”) among TXU Receivables, as seller, TXU Retail, as servicer, Vistra Operations, as performance guarantor, certain purchaser agents and purchasers named therein and Credit Agricole Corporate and Investment Bank, as administrator (the “Administrator”), which amends certain provisions, including (x) increasing the commitment of the purchasers to purchase interests in the receivables under the RPA from $450 million to $600 million until the settlement date in November 2019 (in order to align with the peak retail season), after which the commitment of the purchasers will revert to $450 million and (y) extending the term of the accounts receivable facility (the “Facility”) until July 13, 2020, and (ii) an amendment (the “PSA Amendment” and together with the RPA Amendment, the “Receivables Amendments”), which amends certain provisions relating to the receivables financed under the Facility.

A copy of the PSA Amendment is included as Exhibit 4.1 to this Current Report and is incorporated herein by reference. A copy of the RPA Amendment is included as Exhibit 4.2 to this Current Report and is incorporated herein by reference. The above description of the Receivables Amendments does not purport to be complete and is qualified in its entirety by reference to the full text of each Receivables Amendment.