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EX-99.2 - EX-99.2 - ONCOR ELECTRIC DELIVERY CO LLCd80577dex992.htm
EX-99.1 - EX-99.1 - ONCOR ELECTRIC DELIVERY CO LLCd80577dex991.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 8-K

 

 

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported) – September 21, 2020

 

 

ONCOR ELECTRIC DELIVERY COMPANY LLC

(Exact name of registrant as specified in its charter)

 

 

 

DELAWARE   333-100240   75-2967830
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

1616 Woodall Rodgers Fwy., Dallas, Texas 75202

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including Area Code – (214) 486-2000

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol

 

Name of each exchange

on which registered

None   None   None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


ITEM 7.01.

REGULATION FD DISCLOSURE.

On September 21, 2020, Oncor Electric Delivery Company LLC (“Oncor”) posted the 2019 Oncor Sustainability Report (the “Sustainability Report”) on its website. A copy of the Sustainability Report is furnished herewith as Exhibit 99.1. Information on Oncor’s website or available by hyperlink from Oncor’s website does not constitute part of and is not incorporated into this Form 8-K.

In accordance with General Instruction B.2 of Form 8-K, the information presented herein under Item 7.01 and set forth in the attached Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, and is not to be incorporated by reference into any filing of Oncor under the Securities Act of 1933 or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such a filing.

 

ITEM 8.01.

OTHER EVENTS.

On September 21, 2020, Oncor issued a press release announcing the early participation results of its previously announced offer to exchange certain Senior Notes and Senior Secured Notes of Oncor for newly issued Senior Secured Notes (the “Exchange Offer”) and the upsizing of such Exchange Offer to increase the amount of newly issued Senior Secured Notes. A copy of the press release is attached as Exhibit 99.2 and is incorporated by reference in its entirety.

Forward-Looking Statements

This Current Report on Form 8-K and the Sustainability Report contain forward-looking statements relating to Oncor within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties. All statements in this Current Report on Form 8-K and the Sustainability Report, other than statements of historical facts (often, but not always, through the use of words or phrases such as “expects,” “intends,” “plans,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “should,” “projection,” “target,” “goal,” “objective” and “outlook”), are forward-looking statements. They involve risks, uncertainties and assumptions, including, but not limited to: risks and uncertainties caused by or relating to the evolving coronavirus outbreak and its impact on Oncor’s business and the economy in general; economic conditions, including the impact of a recessionary environment; changes in business strategy, development plans or vendor relationships; unanticipated changes in interest rates or rates of inflation; unanticipated changes in operating expenses, liquidity needs and capital expenditures; general industry trends; significant changes in Oncor’s relationship with its employees, including the availability of qualified personnel, and the potential adverse effects if labor disputes or grievances were to occur; commercial bank and financial market conditions, access to capital, the cost of such capital, and the results of financing and refinancing efforts, including availability of funds in the capital markets and the potential impact of disruptions in US credit markets; and Oncor’s ability to effectively execute its operational strategy.

Discussion of risks and uncertainties that could cause actual results to differ materially from management’s current projections, forecasts, estimates and expectations is contained in filings made by Oncor with the Securities and Exchange Commission. Specifically, Oncor makes reference to the section entitled “Risk Factors” in its annual and quarterly reports. Any forward-looking statement speaks only as of the date on which it is made, and Oncor undertakes no obligation to update any forward-looking statement to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.

 

ITEM 9.01.

FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

 

Exhibit
No.

  

Description

99.1    2019 Oncor Corporate Sustainability Report posted to the website of Oncor Electric Delivery Company LLC on September 21, 2020.
99.2    Press release issued by Oncor Electric Delivery Company LLC on September  21, 2020, announcing the early participation results of the Exchange Offer and the upsizing of such Exchange Offer to increase the amount of newly issued Senior Secured Notes.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

ONCOR ELECTRIC DELIVERY COMPANY LLC
By:  

/s/ Kevin R. Fease

Name:   Kevin R. Fease
Title:   Vice President and Treasurer

Dated: September 21, 2020