debt
confidence high
sentiment neutral
materiality 0.55
NRUC establishes continuous offering program for subordinated notes
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/
- Entered agency agreement on Nov 1, 2024 with InspereX, Citigroup, RBC, Wells Fargo to offer subordinated notes.
- Notes issued under existing shelf registration (File No. 333-275151) with unlimited aggregate principal amount.
- Prospectus supplement dated Nov 1, 2024 filed with SEC; forms of fixed and floating rate notes included.
- Program targets subordinated deferrable interest notes; no immediate issuance amount specified.