secwatch.observer — SEC 8-K summary
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Issuer:     ONCOR ELECTRIC DELIVERY CO LLC (—)
CIK:        0001193311
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001193125-23-275479
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oncor issues $800M 5.65% senior secured notes due 2033, extends credit facility to 2028
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- Sold $800M aggregate principal 5.65% Senior Secured Notes due 2033; net proceeds ~$791.3M.
- Extended revolving credit facility maturity to November 9, 2028; zero extension options remain.
- Proceeds to repay $500M AR Facility and outstanding commercial paper, fully clearing AR Facility.
- Notes secured by lien on transmission and distribution property; interest payable semi-annually.
- Registration Rights Agreement filed; 0.50% additional interest if exchange offer not effective by Dec 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1193311/000119312523275479/0001193125-23-275479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1193311/000119312523275479/d457929d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-275479

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