---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-142005"
form_type: "8-K"
ticker: null
cik: "0001193311"
company_name: "ONCOR ELECTRIC DELIVERY CO LLC"
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T03:37:36.973930+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Oncor issues $1B in senior secured notes; repays $875M in borrowings

## Summary
- Issued $600M of 4.30% Senior Secured Notes due 2028 and $400M of 4.95% Senior Secured Notes due 2052.
- Net proceeds of ~$969.9M used to repay $625M term loan (Jan 2023), $150M term loan (Mar 2023), and $100M AR facility.
- All three borrowings fully repaid; AR facility remains available for future draws up to facility limit.
- 2052 Notes are an additional issuance of existing series (originally $500M from Sep 2022); fungible upon exchange.

## SEC filing metadata
- accession: 0001193125-23-142005
- form_type: 8-K
- cik: 0001193311
- company_name: ONCOR ELECTRIC DELIVERY CO LLC
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1193311/000119312523142005/0001193125-23-142005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1193311/000119312523142005/d506240d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-142005
- JSON: https://secwatch.observer/filing/0001193125-23-142005.json
- Plain text: https://secwatch.observer/filing/0001193125-23-142005.txt

## Key facts
- Debt Financings
  ONCOR ELECTRIC DELIVERY CO LLC incurred senior notes of $600 million aggregate principal amount of its 4.30% Senior Secured Notes due 2028 with initial purchasers at 4.30% per annum maturing May 15, 2028.
  - Instrument: senior notes
  - Principal: $600 million aggregate principal amount of its 4.30% Senior Secured Notes due 2028
  - Counterparty: initial purchasers
  - Rate: 4.30% per annum
  - Maturity: May 15, 2028
  - Event: incurrence
  source text: On May 11, 2023, Oncor Electric Delivery Company LLC (“Oncor”) completed a sale of $600 million aggregate principal amount of its 4.30% Senior Secured Notes due 2028 (the “2028 Notes”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1193311/000119312523142005/0001193125-23-142005-index.htm
- Debt Financings
  ONCOR ELECTRIC DELIVERY CO LLC incurred senior notes of $400 million aggregate principal amount of its 4.95% Senior Secured Notes due 2052 with initial purchasers at 4.95% per annum maturing September 15, 2052.
  - Instrument: senior notes
  - Principal: $400 million aggregate principal amount of its 4.95% Senior Secured Notes due 2052
  - Counterparty: initial purchasers
  - Rate: 4.95% per annum
  - Maturity: September 15, 2052
  - Event: incurrence
  source text: On May 11, 2023, Oncor Electric Delivery Company LLC (“Oncor”) completed a sale of $600 million aggregate principal amount of its 4.30% Senior Secured Notes due 2028 (the “2028 Notes”) and $400 million aggregate principal amount of its 4.95% Senior Secured Notes due 2052 (the “2052 Notes” and, together with the 2028 Notes, the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1193311/000119312523142005/0001193125-23-142005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.