Moody's rates new Energy Future notes Caa3

Moody's Investors Service said it assigned a Caa3 rating to Energy Future Intermediate Holding Co.'s new $400 million senior secured second-lien notes due 2022.

Moody's also affirmed the ratings with an updated loss given default analysis for Energy Future Holdings Corp.

Energy Future Competitive Holdings, Texas Electric Competitive Holdings Co. LLC and Oncor Electric Delivery Co. LLC.

The ratings for Energy Future, its subsidiaries and individual debt instruments are derived from the Caa2 corporate family rating, with the exception of Oncor due to its ring fence type provisions, the agency said.

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