Hunton Andrews Kurth Advises the Purchasers on Oncor Electric Delivery Company LLC’s Private Placement of $400 Million of Senior Secured Notes

Hunton Andrews Kurth LLP advised the purchasers in connection with Oncor Electric Delivery Company LLC’s (Oncor) issuance of (i) $200,000,000 5.50% Senior Secured Notes, Series C, due May 1, 2026, (ii) $100,000,000 5.34% Senior Secured Notes, Series D, due May 1, 2031 and (iii) $100,000,000 5.45% Senior Secured Notes, Series E, due May 1, 2036 in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended, which closed on March 29, 2023 and April 26, 2023.

Oncor is a regulated electricity transmission and distribution company that provides electricity to end-use customers through their electrical systems, as well as providing transmission grid connections to merchant generation facilities and interconnections to other transmission grids in Texas. Oncor operates the largest transmission and distribution system in Texas, delivering electricity to more than 3.9 million homes and businesses and operating more than 141,000 miles of transmission and distribution lines.

The Hunton Andrews Kurth team included Michael F. Fitzpatrick, Adam R. O’Brian, Patrick C. Jamieson, Reuben H. Pearlman and Monika M. Dziewa. Leslie Okinaka provided ERISA advice.