{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T16:44:53.071237+00:00","company":{"ticker":"TVE","cik":1376986,"company_name":"Tennessee Valley Authority"},"pagination":{"limit":100,"returned":39,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Cumberland Combined Cycle Generation LLC","detail":"lease","count":3,"first_seen":"2026-05-28T20:31:18+00:00","last_seen":"2026-05-28T20:31:18+00:00","evidence_fact_ids":[84852,84853,84854]},{"display_name":"Bank of America, N.A., as Administrative Agent, Letter of Credit Issuer, and a Lender, and the Other Lenders Party Thereto","detail":"credit_facility","count":1,"first_seen":"2023-01-06T23:59:59+00:00","last_seen":"2023-01-06T23:59:59+00:00","evidence_fact_ids":[187308]},{"display_name":"Royal Bank of Canada, Truist Bank, Barclays Bank PLC, Wells Fargo Bank, N.A., Regions Bank, and BNP Paribas","detail":"credit_facility","count":1,"first_seen":"2023-04-03T23:59:59+00:00","last_seen":"2023-04-03T23:59:59+00:00","evidence_fact_ids":[167401]},{"display_name":"Truist Bank, United Community Bank, Regions Bank, Pinnacle Bank, First Horizon Bank, SmartBank, HomeTrust Bank, and First National Bank","detail":"credit_facility","count":1,"first_seen":"2023-04-03T23:59:59+00:00","last_seen":"2023-04-03T23:59:59+00:00","evidence_fact_ids":[167400]}],"lender":[{"display_name":"CCCGL","detail":"senior_notes","count":1,"first_seen":"2026-05-28T20:31:18+00:00","last_seen":"2026-05-28T20:31:18+00:00","evidence_fact_ids":[54651]},{"display_name":"Royal Bank of Canada, as Administrative Agent, Letter of Credit Issuer, and a Lender, Truist Bank, Barclays Bank PLC, Wells Fargo Bank, N.A., Regions Bank, and BNP Paribas","detail":"credit_facility","count":1,"first_seen":"2023-04-03T23:59:59+00:00","last_seen":"2023-04-03T23:59:59+00:00","evidence_fact_ids":[167404]},{"display_name":"Royal Bank of Canada, as Administrative Agent, Letter of Credit Issuer, and a Lender, and Truist Bank, Barclays Bank PLC, Wells Fargo Bank, N.A., Regions Bank, and Citibank, N.A.","detail":"credit_facility","count":1,"first_seen":"2025-09-15T23:59:59+00:00","last_seen":"2025-09-15T23:59:59+00:00","evidence_fact_ids":[41415]},{"display_name":"Truist Bank, as Administrative Agent, Letter of Credit Issuer, and a Lender, United Community Bank, Regions Bank, Pinnacle Bank, First Horizon Bank, SmartBank, HomeTrust Bank, and First National Bank","detail":"credit_facility","count":1,"first_seen":"2023-04-03T23:59:59+00:00","last_seen":"2023-04-03T23:59:59+00:00","evidence_fact_ids":[167403]}]},"facts":[{"fact_type":"material_agreement","fact_key":"a12bbb669041e52e455c2cdfa4367e6670b07af8","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2026-05-28T20:31:18+00:00","payload":{"action":"entry","agreement_name":"Construction Management Agreement","agreement_type":"other","counterparty":"Cumberland Combined Cycle Generation LLC","effective_date":"2026-05-26","item_codes_triggered":["1.01"],"value_text":"one-time payment to TVA in exchange for TVA's agreement to perform its obligations under the CMA"},"claim":"Tennessee Valley Authority entered into Construction Management Agreement with Cumberland Combined Cycle Generation LLC valued at one-time payment to TVA in exchange for TVA's agreement to perform its obligations under the CMA (effective 2026-05-26).","evidence_excerpt":"On or about the Closing Date, CCCGL will make or cause to be made a one-time payment to TVA in exchange for TVA's agreement to perform its obligations under the CMA.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001376986-26-000031","anchor_url":"https://secwatch.observer/filing/0001376986-26-000031#claim-a12bbb669041e52e455c2cdfa4367e6670b07af8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698626000031/0001376986-26-000031-index.htm"},{"fact_type":"material_agreement","fact_key":"8fe074115de5f805b1f57359238bcbb26f9a78a1","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2026-05-28T20:31:18+00:00","payload":{"action":"entry","agreement_name":"Facility Lease-Purchase Agreement","agreement_type":"lease","counterparty":"Cumberland Combined Cycle Generation LLC","effective_date":"2026-05-26","item_codes_triggered":["1.01"],"value_text":"TVA will make rental payments to CCCGL on each May 15 and November 15, commencing on November 15, 20"},"claim":"Tennessee Valley Authority entered into Facility Lease-Purchase Agreement with Cumberland Combined Cycle Generation LLC valued at TVA will make rental payments to CCCGL on each May 15 and November 15, commencing on November 15, 20 (effective 2026-05-26).","evidence_excerpt":"In connection with this transaction, TVA entered into three material definitive agreements on the Closing Date with Cumberland Combined Cycle Generation LLC, a single-purpose Delaware limited liability company (“CCCGL”): a Head Lease Agreement (the “Head Lease”) (the United States of America is also a party to this agreement), a Facility Lease-Purchase Agreement (the “Facility Lease”), and a Construction Management Agreement (the “CMA”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001376986-26-000031","anchor_url":"https://secwatch.observer/filing/0001376986-26-000031#claim-8fe074115de5f805b1f57359238bcbb26f9a78a1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698626000031/0001376986-26-000031-index.htm"},{"fact_type":"material_agreement","fact_key":"f7fdd0c92b5949a644f234ec89eac7f2b892119b","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2026-05-28T20:31:18+00:00","payload":{"action":"entry","agreement_name":"Head Lease Agreement","agreement_type":"lease","counterparty":"Cumberland Combined Cycle Generation LLC","effective_date":"2026-05-26","item_codes_triggered":["1.01"],"value_text":"one-time rental payment of $1,931,875,011"},"claim":"Tennessee Valley Authority entered into Head Lease Agreement with Cumberland Combined Cycle Generation LLC valued at one-time rental payment of $1,931,875,011 (effective 2026-05-26).","evidence_excerpt":"On May 26, 2026 (the \"Closing Date\"), the Tennessee Valley Authority (\"TVA\") entered into a lease-purchase transaction involving its Cumberland Combined Cycle Generation Facility (the \"Facility\") located in Stewart County, Tennessee.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001376986-26-000031","anchor_url":"https://secwatch.observer/filing/0001376986-26-000031#claim-f7fdd0c92b5949a644f234ec89eac7f2b892119b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698626000031/0001376986-26-000031-index.htm"},{"fact_type":"debt_financing","fact_key":"a151da7591cad172b11b1400fba32910a74e2027","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2026-05-28T20:31:18+00:00","payload":{"counterparty":"CCCGL","effective_date":"2026-05-26","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":"$1,800,000,000"},"claim":"Tennessee Valley Authority incurred senior notes of $1,800,000,000 with CCCGL.","evidence_excerpt":"CCCGL issued secured notes on the Closing Date in an aggregate principal amount of $1,800,000,000.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001376986-26-000031","anchor_url":"https://secwatch.observer/filing/0001376986-26-000031#claim-a151da7591cad172b11b1400fba32910a74e2027","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698626000031/0001376986-26-000031-index.htm"},{"fact_type":"debt_financing","fact_key":"0e1994a23bfce5a77368234cb8a2c6dcf46a0fa0","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-09-15T23:59:59+00:00","payload":{"counterparty":"Royal Bank of Canada, as Administrative Agent, Letter of Credit Issuer, and a Lender, and Truist Bank, Barclays Bank PLC, Wells Fargo Bank, N.A., Regions Bank, and Citibank, N.A., as Lenders","effective_date":"2025-09-10","event":"incurrence","instrument_type":"credit_facility","interest_rate_text":"variable based on market factors and the rating of TVA’s senior unsecured long-t","item_codes_triggered":["2.03"],"maturity_text":"September 10, 2030","principal_text":"up to $1,000,000,000"},"claim":"Tennessee Valley Authority incurred credit facility of up to $1,000,000,000 with Royal Bank of Canada, as Administrative Agent, Letter of Credit Issuer, and a Lender, and Truist Bank, Barclays Bank PLC, Wells Fargo Bank, N.A., Regions Bank, and Citibank, N.A., as Lenders at variable based on market factors and the rating of TVA’s senior unsecured long-t maturing September 10, 2030.","evidence_excerpt":"Issuer, and a Lender, and Truist Bank, Barclays Bank PLC, Wells Fargo Bank, N.A., Regions Bank, and Citibank, N.A., as Lenders. The Credit Agreement allows TVA to access up to $1,000,000,000 in either loans or letters of credit and will expire on September 10, 2030, unless the maturity date is extended in accordance with the terms of the agreement. The interest rate","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001376986-25-000051","anchor_url":"https://secwatch.observer/filing/0001376986-25-000051#claim-0e1994a23bfce5a77368234cb8a2c6dcf46a0fa0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000051/0001376986-25-000051-index.htm"},{"fact_type":"executive_change","fact_key":"7fd8d45128","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-06-10T23:59:59+00:00","payload":{"action":"appointment ended","action_category":"departure","departure_tone":"not_disclosed","effective_date":"2025-06-10","interim":false,"role":"member of the Board of Directors","role_category":"director","successor_name":null,"successor_named":false},"claim":"Beth P. Geer was appointed as member of the Board of Directors at Tennessee Valley Authority.","evidence_excerpt":"Beth P. Geer's appointment as a member of the Tennessee Valley Authority Board of Directors (\"TVA Board\") ended June 10, 2025, at the direction of the President of the United States.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000038","anchor_url":"https://secwatch.observer/filing/0001376986-25-000038#claim-7fd8d45128","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000038/0001376986-25-000038-index.htm"},{"fact_type":"executive_change","fact_key":"fae09aeab2","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-04-08T23:59:59+00:00","payload":{"action":"ended","action_category":"departure","departure_tone":"routine","effective_date":"2025-04-02","interim":false,"role":"Executive Vice President, General Counsel and Corporate Secretary","role_category":"general_counsel","successor_name":null,"successor_named":false},"claim":"David B. Fountain departed as Executive Vice President, General Counsel and Corporate Secretary at Tennessee Valley Authority.","evidence_excerpt":"Effective April 2, 2025, David B. Fountain’s tenure as TVA’s Executive Vice President, General Counsel and Corporate Secretary ended.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000026","anchor_url":"https://secwatch.observer/filing/0001376986-25-000026#claim-fae09aeab2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000026/0001376986-25-000026-index.htm"},{"fact_type":"executive_change","fact_key":"ef817f7ba1","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-04-02T23:59:59+00:00","payload":{"action":"assumes","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-04-01","interim":false,"role":"Board Chair","role_category":"chair","successor_name":null,"successor_named":false},"claim":"William J. Renick was appointed as Board Chair at Tennessee Valley Authority.","evidence_excerpt":"With the departure of Mr. Ritch, Director William J. Renick assumes the role of Board Chair pursuant to the TVA Board's decision on February 13, 2025, nominating Mr. Renick as chair-elect of the TVA Board and stating that he will begin service if \"Director Ritch otherwise [is] unable to serve as Chair.\"","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000022","anchor_url":"https://secwatch.observer/filing/0001376986-25-000022#claim-ef817f7ba1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000022/0001376986-25-000022-index.htm"},{"fact_type":"executive_change","fact_key":"1c7824545d","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-04-02T23:59:59+00:00","payload":{"action":"ended","action_category":"departure","departure_tone":"termination","effective_date":"2025-04-01","interim":false,"role":"Board Chair","role_category":"chair","successor_name":"William J. Renick","successor_named":true},"claim":"Joe H. Ritch departed as Board Chair at Tennessee Valley Authority.","evidence_excerpt":"Joe H. Ritch's appointment as a member of the Tennessee Valley Authority Board of Directors (\"TVA Board\") ended April 1, 2025, at the direction of the President of the United States.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000022","anchor_url":"https://secwatch.observer/filing/0001376986-25-000022#claim-1c7824545d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000022/0001376986-25-000022-index.htm"},{"fact_type":"executive_change","fact_key":"279fbac115","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-03-31T23:59:59+00:00","payload":{"action":"retiring","action_category":"departure","departure_tone":"retirement","effective_date":null,"interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":"Donald A. Moul","successor_named":true},"claim":"Jeffrey J. Lyash departed as President and Chief Executive Officer at Tennessee Valley Authority.","evidence_excerpt":"He will succeed Jeffrey J. Lyash, who is retiring from his position with TVA and will continue to serve for up to 30 days to support the transition.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000020","anchor_url":"https://secwatch.observer/filing/0001376986-25-000020#claim-279fbac115","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000020/0001376986-25-000020-index.htm"},{"fact_type":"executive_change","fact_key":"0b6dce8a32","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-03-31T23:59:59+00:00","payload":{"action":"appointed","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2025-04-09","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Donald A. Moul was appointed as President and Chief Executive Officer at Tennessee Valley Authority.","evidence_excerpt":"Donald A. Moul has been appointed as TVA’s new President and Chief Executive Officer, starting April 9, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000020","anchor_url":"https://secwatch.observer/filing/0001376986-25-000020#claim-0b6dce8a32","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000020/0001376986-25-000020-index.htm"},{"fact_type":"executive_change","fact_key":"bb2760e7dc","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-03-28T23:59:59+00:00","payload":{"action":"ended","action_category":"departure","departure_tone":"abrupt","effective_date":"2025-03-27","interim":false,"role":"Member of the Board of Directors","role_category":"director","successor_name":null,"successor_named":false},"claim":"L. Michelle Moore departed as Member of the Board of Directors at Tennessee Valley Authority.","evidence_excerpt":"L. Michelle Moore's appointment as a member of the Tennessee Valley Authority Board of Directors ended March 27, 2025, at the direction of the President of the United States.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000018","anchor_url":"https://secwatch.observer/filing/0001376986-25-000018#claim-bb2760e7dc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000018/0001376986-25-000018-index.htm"},{"fact_type":"executive_change","fact_key":"85a43a08aa","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-01-31T23:59:59+00:00","payload":{"action":"retire","action_category":"departure","departure_tone":"retirement","effective_date":"2025-10-02","interim":false,"role":"President and Chief Executive Officer","role_category":"ceo","successor_name":null,"successor_named":false},"claim":"Jeffrey J. Lyash departed as President and Chief Executive Officer at Tennessee Valley Authority.","evidence_excerpt":"Jeffrey J. Lyash, TVA's President and Chief Executive Officer (CEO), notified his executive leadership team, and the TVA Board of Directors, of his intention to retire no later than October 2, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000008","anchor_url":"https://secwatch.observer/filing/0001376986-25-000008#claim-85a43a08aa","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000008/0001376986-25-000008-index.htm"},{"fact_type":"executive_change","fact_key":"942e3e760f","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-01-13T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2025-03-07","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":"Thomas C. Rice","successor_named":true},"claim":"John M. Thomas III retired as Chief Financial Officer at Tennessee Valley Authority.","evidence_excerpt":"John M. Thomas, III, who, on December 2, 2024, announced his retirement from his position with TVA effective March 7, 2025","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000004","anchor_url":"https://secwatch.observer/filing/0001376986-25-000004#claim-942e3e760f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000004/0001376986-25-000004-index.htm"},{"fact_type":"executive_change","fact_key":"2be946eac4","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-01-13T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-01-27","interim":false,"role":"Senior Vice President and Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Thomas C. Rice was appointed as Senior Vice President and Chief Financial Officer at Tennessee Valley Authority.","evidence_excerpt":"Thomas C. Rice has been appointed as TVA’s new Senior Vice President and Chief Financial Officer, effective January 27, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000004","anchor_url":"https://secwatch.observer/filing/0001376986-25-000004#claim-2be946eac4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000004/0001376986-25-000004-index.htm"},{"fact_type":"executive_change","fact_key":"5edeedc673","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-01-08T23:59:59+00:00","payload":{"action":"term ended","action_category":"departure","departure_tone":"routine","effective_date":"2025-01-03","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Brian E. Noland departed as Director at Tennessee Valley Authority.","evidence_excerpt":"The terms of Beth H. Harwell and Brian E. Noland as members of the Tennessee Valley Authority (\"TVA\") Board of Directors ended January 3, 2025, with the adjournment of the most recent session of Congress.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000002","anchor_url":"https://secwatch.observer/filing/0001376986-25-000002#claim-5edeedc673","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000002/0001376986-25-000002-index.htm"},{"fact_type":"executive_change","fact_key":"65430f12e4","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2025-01-08T23:59:59+00:00","payload":{"action":"term ended","action_category":"departure","departure_tone":"routine","effective_date":"2025-01-03","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Beth H. Harwell departed as Director at Tennessee Valley Authority.","evidence_excerpt":"The terms of Beth H. Harwell and Brian E. Noland as members of the Tennessee Valley Authority (\"TVA\") Board of Directors ended January 3, 2025, with the adjournment of the most recent session of Congress.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-25-000002","anchor_url":"https://secwatch.observer/filing/0001376986-25-000002#claim-65430f12e4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000002/0001376986-25-000002-index.htm"},{"fact_type":"executive_change","fact_key":"990caafb0b","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2024-01-08T23:59:59+00:00","payload":{"action":"term ended","action_category":"departure","departure_tone":"routine","effective_date":"2024-01-03","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"William B. Kilbride departed as Director at Tennessee Valley Authority.","evidence_excerpt":"The term of William B. Kilbride as member of the TVA Board of Directors ended January 3, 2024, with the adjournment of the most recent session of Congress.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001376986-24-000002","anchor_url":"https://secwatch.observer/filing/0001376986-24-000002#claim-990caafb0b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698624000002/0001376986-24-000002-index.htm"},{"fact_type":"debt_financing","fact_key":"c8317729c74753babfdb2f85cb35bc5d5165b9fe","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2023-04-03T23:59:59+00:00","payload":{"counterparty":"Royal Bank of Canada, as Administrative Agent, Letter of Credit Issuer, and a Lender, Truist Bank, Barclays Bank PLC, Wells Fargo Bank, N.A., Regions Bank, and BNP Paribas","effective_date":"2023-03-29","event":"amendment","instrument_type":"credit_facility","interest_rate_text":"Secured Overnight Financing Rate (SOFR) benchmark","item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":null},"claim":"Tennessee Valley Authority amended credit facility with Royal Bank of Canada, as Administrative Agent, Letter of Credit Issuer, and a Lender, Truist Bank, Barclays Bank PLC, Wells Fargo Bank, N.A., Regions Bank, and BNP Paribas at Secured Overnight Financing Rate (SOFR) benchmark.","evidence_excerpt":"On March 29, 2023, TVA also executed an amendment to its Second Amended and Restated September Maturity Credit Agreement Dated as of September 21, 2021, Among TVA, as the Borrower, Royal Bank of Canada, as Administrative Agent, Letter of Credit Issuer, and a Lender, Truist Bank, Barclays Bank PLC, Wells Fargo Bank, N.A., Regions Bank, and BNP Paribas.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001376986-23-000013","anchor_url":"https://secwatch.observer/filing/0001376986-23-000013#claim-c8317729c74753babfdb2f85cb35bc5d5165b9fe","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698623000013/0001376986-23-000013-index.htm"},{"fact_type":"debt_financing","fact_key":"848c7ea0c38102e5625bf817988d7ad316241b1e","cik":1376986,"ticker":"TVE","company_name":"Tennessee Valley Authority","filed_at":"2023-04-03T23:59:59+00:00","payload":{"counterparty":"Truist Bank, as Administrative Agent, Letter of Credit Issuer, and a Lender, United Community Bank, Regions Bank, Pinnacle Bank, First Horizon Bank, SmartBank, HomeTrust Bank, and First National Bank","effective_date":"2023-03-29","event":"amendment","instrument_type":"credit_facility","interest_rate_text":"Secured Overnight Financing Rate (SOFR) benchmark","item_codes_triggered":["2.03"],"maturity_text":"March 29, 2026","principal_text":null},"claim":"Tennessee Valley Authority amended credit facility with Truist Bank, as Administrative Agent, Letter of Credit Issuer, and a Lender, United Community Bank, Regions Bank, Pinnacle Bank, First Horizon Bank, SmartBank, HomeTrust Bank, and First National Bank at Secured Overnight Financing Rate (SOFR) benchmark maturing March 29, 2026.","evidence_excerpt":"On March 29, 2023, the Tennessee Valley Authority (“TVA”) executed an amendment to the December Maturity Community Bank Credit Agreement Dated as of December 12, 2016, and Amended as of December 11, 2018 and February 9, 2021, Among TVA, as the Borrower, Truist Bank, as Administrative Agent, Letter of Credit Issuer, and a Lender, United Community Bank, Regions Bank, Pinnacle Bank, First Horizon Bank, SmartBank, HomeTrust Bank, and First National 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