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:   2022-12-20T23:59:59+00:00
Accession:  0001104659-22-128547
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFC secures $750M Series T loan facility from U.S. Treasury's FFB
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- $750M committed Series T loan facility from U.S. Treasury FFB, guaranteed by Rural Utilities Service.
- Borrowing available until July 15, 2027; each advance matures up to 30 years from draw.
- Interest spread over Treasuries: 42.5 bps (≤10 yr) or 55 bps (>10 yr); includes 30 bps USDA fee.
- Total committed FFB loan facilities increased to $1,525 million.
- Proceeds for utility infrastructure loans or refinancing under Rural Electrification Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70502/000110465922128547/0001104659-22-128547-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70502/000110465922128547/tm2233124d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-128547

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