Vista Energy raised $400 million through a post-IPO debt offering. The senior notes mature in 2038. This issuance is fungible with a previous $500 million series. The total outstanding for the 2038 notes now reaches $900 million.
The company priced the offering at 99.473% of face value. The notes carry a yield of 7.95%.
Vista will use the proceeds to accelerate development in Argentina’s Vaca Muerta shale formation. The successful placement occurred despite rising U.S. Treasury yields. This demand signals investor confidence in Vista’s strategy and its Vaca Muerta assets.