{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-077857","form_type":"8-K","ticker":null,"cik":"0001193311","company_name":"ONCOR ELECTRIC DELIVERY CO LLC","filed_at":"2023-03-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.078880+00:00","generated_at":"2026-06-17T17:34:12.823499+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Oncor Electric Delivery borrows $150M under term loan agreement with U.S. Bank","bullets":["$150M term loan borrowed on March 23, 2023; matures April 30, 2024.","Interest at Term SOFR +0.95% or ABR; proceeds used for general corporate purposes and repaying commercial paper.","Financial covenant: consolidated senior debt to total capitalization ratio ≤0.65:1.","Cross-default triggers at $100M of other indebtedness or unstayed judgments.","Lender U.S. Bank also participates in Oncor's revolving credit facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-077857","json":"https://secwatch.observer/filing/0001193125-23-077857.json","markdown":"https://secwatch.observer/filing/0001193125-23-077857.md","text":"https://secwatch.observer/filing/0001193125-23-077857.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1193311/000119312523077857/0001193125-23-077857-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1193311/000119312523077857/d473225d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T17:34:12.823499+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6ddd983c4e421c803f3e41f26707a253d0ad2a67","claim":"ONCOR ELECTRIC DELIVERY CO LLC incurred term loan of $150 million with U.S. Bank National Association at SOFR plus 0.95% maturing April 30, 2024.","evidence_excerpt":"On March 22, 2023, Oncor Electric Delivery Company LLC, a Delaware limited liability company (“Oncor”), entered into a Term Loan Credit Agreement (the “Term Loan Agreement”) between Oncor, as the borrower, and U.S. Bank National Association, as the lender (the “Lender”). The Term Loan Agreement provides for a term loan credit facility in an aggregate principal amount of $150 million (the “Term Loan Facility”) with a maturity date of April 30, 2024. On March 23, 2023, Oncor borrowed $150 million aggregate principal amount under the Term Loan Agreement which was the full amount of the Term Loan Facility.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1193311/000119312523077857/0001193125-23-077857-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$150 million"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Rate","value":"SOFR plus 0.95%"},{"label":"Maturity","value":"April 30, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f926bc8613bb2ac5378e36faa55f4b1c1bc541dc","claim":"ONCOR ELECTRIC DELIVERY CO LLC entered into Term Loan Agreement with U.S. Bank National Association valued at $150 million (effective 2023-03-22).","evidence_excerpt":"On March 22, 2023, Oncor Electric Delivery Company LLC, a Delaware limited liability company (“Oncor”), entered into a Term Loan Credit Agreement (the “Term Loan Agreement”) between Oncor, as the borrower, and U.S. Bank National Association, as the lender (the “Lender”). The Term Loan Agreement provides for a term loan credit facility in an aggregate principal amount of $150 million (the “Term Loan Facility”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1193311/000119312523077857/0001193125-23-077857-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Value","value":"$150 million"},{"label":"Effective","value":"2023-03-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}