secwatch.observer — SEC 8-K summary
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Issuer:     ONCOR ELECTRIC DELIVERY CO LLC (—)
CIK:        0001193311
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0001193125-25-223187
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oncor issues C$500M 4.20% Senior Secured Notes due 2035; net proceeds ~US$357M for corporate purposes
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- C$500M aggregate principal of 4.20% Senior Secured Notes due Oct 1, 2035.
- Cross-currency swaps convert CAD to USD; all-in USD fixed rate of 5.022%.
- Net proceeds of ~C$493.6M (US$356.7M) used to repay commercial paper and for general corporate purposes.
- Interest payable semi-annually Apr 1 and Oct 1, starting Apr 1, 2026.
- Redeemable at make-whole prior to Jul 1, 2035; thereafter at par; also redeemable for tax events.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1193311/000119312525223187/0001193125-25-223187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1193311/000119312525223187/d941439d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-223187

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