Hunton & Williams Advises on Oncor Electric Delivery Company LLC $325 million senior secured notes offering

Hunton & Williams LLP advised the initial purchasers in connection with the sale by Oncor Electric Delivery Company LLC (“Oncor”) of $325 million aggregate principal amount of senior secured notes due 2047 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 3.4 million homes and businesses and operating more than 122,000 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 team included Michael Fitzpatrick, Adam O’Brian and Patrick Jamieson. Cary Tolley and Anna Page provided tax advice.