other
confidence high
sentiment neutral
materiality 0.45
NRUC establishes three new debt programs: Member Capital Securities, MTN Series D, and InterNotes
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/
- Filed prospectus supplements on Oct 27, 2023, for the three programs with unlimited aggregate principal.
- Entered agency agreements with RBC, J.P. Morgan, KeyBanc, Mizuho, MUFG, PNC, Regions, Scotia, Truist, U.S. Bancorp for MTN Series D.
- Entered InterNotes agency agreement with InspereX, Citigroup, RBC, and Wells Fargo Clearing.
- Forms of fixed/floating rate certificates filed as Exhibits 4.1–4.6; all issued under existing shelf registration.
- Also filed legal opinions from Hogan Lovells regarding legality and tax matters for each program.