July 28, 2017 1:53 AM ET

Electric Utilities

Company Overview of Sharyland Distribution and Transmission Services, L.L.C.

Company Overview

Sharyland Distribution and Transmission Services, L.L.C., an electric utility company, manages and operates transmission and distribution facilities located within the Electric Reliability Council of Texas and leases those assets to Sharyland Utilities. The company is based in Dallas, Texas. Sharyland Distribution and Transmission Services, L.L.C. operates as a subsidiary of Transmission and Distribution Company LLC.

750 North St. Paul Street, 2000

Dallas, TX 75201

United States

Phone:

214-978-8900

Fax:

972-590-7701

Key Executives for Sharyland Distribution and Transmission Services, L.L.C.

Sharyland Distribution and Transmission Services, L.L.C. does not have any Key Executives recorded.

Sharyland Distribution and Transmission Services, L.L.C. Key Developments

Oncor Electric Delivery Company LLC, InfraREIT, Inc., Sharyland Distribution and Transmission Services, L.L.C., Oncor AssetCo LLC,, Sharyland Utilities, L.P., SU AssetCo, L.L.C - M&A Call

To discuss definitive agreement with Oncor

Sharyland Distribution & Transmission Services, L.L.C Closes New $200 Million Senior Secured Term Loan Credit Facility

InfraREIT Inc. announced that its subsidiary, Sharyland Distribution & Transmission Services, L.L.C. (SDTS), has closed a new $200 million senior secured term loan credit facility. The new $200 million senior secured term loan will mature on June 5, 2020. The pricing of the term loan is LIBOR plus 125 basis points for LIBOR-based loans or a base rate plus 25 basis points for base-rate loans, at SDTS's discretion. The company intends to use the proceeds from the term loan facility for general corporate purposes and to refinance the outstanding $177 million balance on the SDTS revolving credit facility.

Sharyland Distribution & Transmission Services Amends and Restates Lease Supplements with Sharyland Utilities, L.P

Sharyland Distribution & Transmission Services, L.L.C. amended and restated its lease supplements with Sharyland Utilities, L.P. to establish the rent under its existing leases after giving effect to the capital expenditures that the parties expect to place in service during 2017.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 24, 2017
Sharyland Distribution and Transmission,Retail Distribution Assets and Retail Distribution Operation
 

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