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ItalianoBond Oncor Electric Delivery 5.3% ( US68233JAS33 ) in USD
| Issuer | Oncor Electric Delivery | ||||||||
| Market price |  100.00 % ⇌ |
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| Country |  United States
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| ISIN code |
 US68233JAS33 ( in USD )
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| Interest rate | 5.3% per year ( payment 2 times a year) | ||||||||
| Maturity | 01/06/2042 | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 2 000 USD | ||||||||
| Total amount | 500 000 000 USD | ||||||||
| Cusip | 68233JAS3 | ||||||||
| Standard & Poor's ( S&P ) rating | A+ ( Upper medium grade - Investment-grade ) | ||||||||
| Moody's rating | A2 ( Upper medium grade - Investment-grade ) | ||||||||
| Next Coupon | 01/12/2026 ( In 96 days ) | ||||||||
| Detailed description |
Oncor Electric Delivery is a Texas-based electric transmission and distribution company serving approximately 3.5 million customers across nearly 100,000 square miles. A new fixed-income opportunity is presented by Oncor Electric Delivery, a prominent regulated electric transmission and distribution company serving over 10 million Texans. As a cornerstone utility provider, Oncor is responsible for delivering electricity across a vast service territory, maintaining critical infrastructure, and ensuring reliable power supply, underpinned by a stable revenue stream inherent to the utility sector. This bond offering, identified by ISIN US68233JAS33 and CUSIP 68233JAS3, is denominated in U.S. Dollars (USD) and represents a substantial total issue size of $500,000,000. Currently trading at par, the bond holds a market price of 100% of its face value, reflecting its present valuation. Investors are offered a fixed annual coupon rate of 5.3%, with interest payments disbursed semi-annually, providing a steady income stream. The bond features a long-term maturity profile, set to mature on June 1, 2042. From a credit perspective, the issuance benefits from robust investment-grade ratings from leading agencies; Standard & Poor's has assigned an A+ rating, while Moody's has provided an A2 rating, both indicative of strong financial health and a low likelihood of default. The bonds are issued from the United States, and the minimum purchase increment for interested investors is set at $2,000, making this an accessible yet significant offering within the corporate bond market. |
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