secwatch.observer — SEC 8-K summary
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Issuer:     ONCOR ELECTRIC DELIVERY CO LLC (—)
CIK:        0001193311
Form:       8-K
Filed at:   2026-05-27T20:05:44+00:00
Accession:  0001193125-26-241882
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oncor issues €850M 4.55% Junior Subordinated Notes due 2056; proceeds ~€839.8M for corporate uses
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- €850M aggregate principal, 4.55% coupon, matures Nov 26, 2056; all-in USD fixed rate 5.98535% via cross-currency swaps.
- Net proceeds ~€839.8M (~US$974.3M); intended for general corporate purposes including repaying commercial paper.
- Notes are junior subordinated, unsecured, rank junior to senior debt and effectively subordinated to secured and subsidiary debt.
- Oncor may redeem notes in whole before maturity (Aug 28–Nov 26, 2031 period and after first reset date).
- Listing on Euronext Dublin; sold under Rule 144A and Regulation S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1193311/000119312526241882/0001193125-26-241882-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1193311/000119312526241882/d146142d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-241882

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