trending Market Intelligence /marketintelligence/en/news-insights/trending/ugg9q_tzv-khnfoulgebxg2 content esgSubNav
In This List

Oncor launches $1.12B exchange offer for senior notes

Blog

Despite turmoil, project finance remains keen on offshore wind

Case Study

An Energy Company Assesses Datacenter Demand for Renewable Energy

Blog

Japan M&A By the Numbers: Q4 2023

Video

See the Big Picture: Energy Transition in 2024


Oncor launches $1.12B exchange offer for senior notes

Oncor Electric Delivery Co. LLC on Dec. 12 filed a registration statement in connection with its offer to exchange about $1.12 billion of certain senior notes.

The Sempra Energy subsidiary plans to exchange $350 million of its registered 3.70% notes due Nov. 15, 2028, for all existing restricted 3.70% senior secured notes due 2028; $318.3 million of its registered 5.75% notes due March 15, 2029, for all existing restricted 5.75% notes due 2029; and $450 million of its registered 4.10% notes due Nov. 15, 2048, for all existing restricted 4.10% notes due 2048.

The company will not receive any proceeds from the exchange offer.

The Bank of New York Mellon Trust Co. NA is serving as the exchange agent for the offer.