Hunton Andrews Kurth Advises on Oncor Electric Delivery Company LLC $800 Million Senior Secured Notes Offering

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August 10, 2018
News

Hunton Andrews Kurth LLP advised the initial purchasers in connection with the sale by Oncor Electric Delivery Company LLC (“Oncor”) of $350 million aggregate principal amount of senior secured notes due 2028 and $450 million aggregate principal amount of senior secured notes due 2048 in a private placement, with registration rights, under Regulation S and Rule 144A of the Securities Act of 1933, as amended, to eligible purchasers.

Oncor operates the largest transmission and distribution system in Texas, delivering electricity to more than 3.5 million homes and businesses and operating more than 134,000 miles of transmission and distribution lines. Oncor is an indirect, majority-owned subsidiary of Sempra Energy.

The Hunton team included Michael Fitzpatrick, Adam O’Brian and Patrick Jamieson. Cary Tolley and Kim Nolte provided tax advice.

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