---
schema_version: "secwatch.filing_event.v1"
accession: "0001376986-22-000025"
form_type: "8-K"
ticker: "TVE"
cik: "0001376986"
company_name: "Tennessee Valley Authority"
filed_at: "2022-12-09T23:59:59+00:00"
generated_at: "2026-06-21T06:43:29.761833+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TVA launches up to $3B electronotes program with maturities of 1-30 years

## Summary
- Maximum aggregate principal amount outstanding of $3,000,000,000; authorized denominations of $1,000.
- Notes mature from one year to thirty years, fixed rate, monthly/quarterly/semiannual/annual interest, book-entry via DTC.
- Agents: InspereX, Citigroup, FHN Financial Capital Markets, Morgan Stanley, Wells Fargo Advisors.
- Net proceeds to TVA estimated at $2.925B to $2.994B after agent discounts of 0.20%–2.50% and $250,000 expenses.
- Notes are not U.S. government obligations; TVA is a federal agency not registering under the Securities Act.

## SEC filing metadata
- accession: 0001376986-22-000025
- form_type: 8-K
- ticker: TVE
- cik: 0001376986
- company_name: Tennessee Valley Authority
- filed_at: 2022-12-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376986/000137698622000025/0001376986-22-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376986/000137698622000025/tve-20221206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376986-22-000025
- JSON: https://secwatch.observer/filing/0001376986-22-000025.json
- Plain text: https://secwatch.observer/filing/0001376986-22-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.