Exhibit 99(e)
ONCOR ELECTRIC DELIVERY COMPANY LLC
OFFERS TO EXCHANGE
$500,000,000 AGGREGATE PRINCIPAL AMOUNT OF ITS 2.75% SENIOR SECURED NOTES DUE 2024, $300,000,000 AGGREGATE PRINCIPAL AMOUNT OF ITS 3.70% SENIOR SECURED NOTES DUE 2028, $500,000,000 AGGREGATE PRINCIPAL AMOUNT OF ITS 3.80% SENIOR SECURED NOTES DUE 2049 AND $700,000,000 AGGREGATE PRINCIPAL AMOUNT OF ITS 3.10% SENIOR SECURED NOTES DUE 2049, EACH OF WHICH HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, FOR ANY AND ALL OF ITS OUTSTANDING 2.75% SENIOR SECURED NOTES DUE 2024, 3.70% SENIOR SECURED NOTES DUE 2028, 3.80% SENIOR SECURED NOTES DUE 2049 AND 3.10% SENIOR SECURED NOTES DUE 2049, RESPECTIVELY
, 2019
To Brokers, Dealers, Commercial Banks,
Trust Companies and other Nominees:
As described in the enclosed Prospectus, dated , 2019 (as the same may be amended or supplemented from time to time, the “Prospectus”), and Letter of Transmittal (the “Letter of Transmittal”), Oncor Electric Delivery Company LLC (the “Company”) is offering to exchange (the “Exchange Offers”) up to $500,000,000 aggregate principal amount of 2.75% Senior Secured Notes due 2024 (the “2024 Exchange Notes”), $300,000,000 aggregate principal amount of 3.70% Senior Secured Notes due 2028 (the “2028 Exchange Notes”), $500,000,000 aggregate principal amount of 3.80% Senior Secured Notes due 2049 (the “3.80% 2049 Exchange Notes”) and $700,000,000 aggregate principal amount of 3.10% Senior Secured Notes due 2049 (the “3.10% 2049 Exchange Notes” and together with the 2024 Exchange Notes, the 2028 Exchange Notes and the 3.80% 2049 Exchange Notes, the “Exchange Notes”), each of which have been registered under the Securities Act of 1933, as amended (the “Securities Act”), for any and all of its outstanding 2.75% Senior Secured Notes due 2024 (the “2024 Outstanding Notes”), 3.70% Senior Secured Notes due 2028 (the “2028 Outstanding Notes”), 3.80% Senior Secured Notes due 2049 (the “3.80% 2049 Outstanding Notes”) and 3.10% Senior Secured Notes due 2049 (the “3.10% 2049 Outstanding Notes” and together with the 2024 Outstanding Notes, the 2028 Outstanding Notes and the 3.80% 2049 Outstanding Notes, the “Outstanding Notes”), respectively, in integral multiples of $2,000 and multiples of $1,000 in excess thereof upon the terms and subject to the conditions of the enclosed Prospectus and Letter of Transmittal. The terms of the Exchange Notes are identical in all material respects (including principal amount, interest rate and maturity) to the terms of the Outstanding Notes for which they may be exchanged pursuant to the Exchange Offers, except that the Exchange Notes are freely transferable by holders thereof. The Company will accept for exchange any and all Outstanding Notes properly tendered according to the terms of the Prospectus and the Letter of Transmittal. Consummation of the Exchange Offers is subject to certain conditions described in the Prospectus.
WE URGE YOU TO PROMPTLY CONTACT YOUR CLIENTS FOR WHOM YOU HOLD OUTSTANDING NOTES REGISTERED IN YOUR NAME OR IN THE NAME OF YOUR NOMINEE. PLEASE BRING THE EXCHANGE OFFERS TO THEIR ATTENTION AS PROMPTLY AS POSSIBLE.
Enclosed are copies of the following documents:
| 2. | The Letter of Transmittal for your use in connection with the tender of Outstanding Notes and for the information of your clients, including a Substitute FormW-9 and Guidelines for Certification of Taxpayer Identification Number on Substitute FormW-9 (providing information relating to U.S. federal income tax backup withholding); |
| 3. | A form of Notice of Guaranteed Delivery; and |
| 4. | A form of letter, including a letter of instructions to a registered holder from a beneficial owner, which you may use to correspond with your clients for whose accounts you hold Outstanding Notes that are registered in your name or the name of your nominee, with space provided for obtaining such clients’ instructions regarding the Exchange Offers. |
Your prompt action is requested. Please note that the Exchange Offers will expire at 5:00 P.M., New York City time, on , 2019 (the “Expiration Date”), unless the Company otherwise extends the Exchange Offers. The Exchange Offers are not conditioned upon any minimum number of Outstanding Notes being tendered.