Hunton & Williams Advises on Oncor Electric Delivery Company LLC $175 million senior secured notes offering

Hunton & Williams LLP advised Barclays Capital Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers on a 144A offering with registration rights by Oncor Electric Delivery Company LLC (“Oncor”) of $175 million aggregate principal amount of senior secured notes due 2045.

Oncor operates the largest transmission and distribution system in Texas, delivering electricity to more than 3.3 million homes and businesses and operating more than 121,000 miles of transmission and distribution lines. Oncor is a majority-owned indirect subsidiary of Energy Future Intermediate Holding Company LLC, a direct, wholly-owned subsidiary of Energy Future Holdings Corp.

The Hunton & Williams LLP team included Michael Fitzpatrick, Adam O’Brian and Patrick Jamieson. Cary Tolley and Emily Winbigler provided tax advice.