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Prospect News home > News index > List of issuers O > Headlines for Oncor Electric Delivery Co. LLC > News item
Published on 3/23/2015 in the Prospect News Investment Grade Daily.

Fitch gives Oncor notes BBB+

Fitch Ratings said it assigned a BBB+ rating to Oncor Electric Delivery Co. LLC's $350 million 2.95% senior secured notes due April 1, 2025 and $375 million 3.75% senior secured notes due April 1, 2045.

The outlook is stable.

Net proceeds will be used to repay borrowings under Oncor’s revolving credit facility and for general corporate purposes.

The notes are secured equally and ratably with the existing secured indebtedness.


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