secwatch.observer — SEC 8-K summary
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Issuer:     Tennessee Valley Authority (TVE)
CIK:        0001376986
Form:       8-K
Filed at:   2023-01-06T23:59:59+00:00
Accession:  0001376986-23-000002
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TVA appoints six new board members; directors Frazier, Smith depart
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- Board terms of A.D. Frazier and Jeff W. Smith ended Jan 3, 2023 with adjournment of Congress.
- Beth Prichard Geer, L. Michelle Moore, Robert P. Klein, William J. Renick, Joe H. Ritch, Adam Wade White took oath on Jan 4, 2023.
- Executed fourth amendment to $500M credit agreement with Bank of America, adding LIBOR-to-SOFR transition provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/0001376986-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/tve-20230103.htm
  HTML page:      https://secwatch.observer/filing/0001376986-23-000002

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