secwatch.observer — SEC 8-K summary
======================================

Issuer:     NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ (NRUC)
CIK:        0000070502
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0000070502-21-000082
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFC closes $550M Series S loan facility from U.S. Treasury FFB through 2026
---------------------------------------------------------------------------

- Closed $550M Series S committed loan facility from U.S. Treasury FFB, guaranteed by USDA RUS.
- Borrowings available until July 15, 2026; each advance matures up to 30 years from advance date.
- Interest spread over comparable Treasury bonds: 42.5 bps (<=10yr) or 55 bps (>10yr); includes 30 bps fee for USDA REDLG program.
- Total committed FFB facilities increase to $1,525M; proceeds for eligible utility infrastructure or refinancing bonds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70502/000007050221000082/0000070502-21-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70502/000007050221000082/nru-20211104.htm
  HTML page:      https://secwatch.observer/filing/0000070502-21-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer