secwatch.observer — SEC 8-K summary
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Issuer:     ONCOR ELECTRIC DELIVERY CO LLC (—)
CIK:        0001193311
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001193125-23-142005
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1193311/000119312523142005/0001193125-23-142005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1193311/000119312523142005/d506240d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-142005

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