secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ (NRUC)
CIK:        0000070502
Form:       8-K
Filed at:   2022-06-21T23:59:59+00:00
Accession:  0001104659-22-073014
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFC expands Farmer Mac secured note facility to $6B and extends draw period to 2027
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- Maximum Purchase Amount raised from $5.5B to $6.0B.
- Draw period extended to June 30, 2027, with automatic one-year renewals unless 425 days’ notice.
- As of June 20, 2022, $3.1B of secured notes outstanding under the facility.
- Counterparty: Farmer Mac Mortgage Securities Corp, guaranteed by Farmer Mac.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70502/000110465922073014/0001104659-22-073014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70502/000110465922073014/tm2218999d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-073014

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