TVA plans $1B power bond issuance due 2028; preliminary offering circular released

Tennessee Valley Authority

TVA released preliminary offering circular for $1,000,000,000 Global Power Bonds 2023 Series A due March 15, 2028.
Joint book-running managers: Barclays, BofA Securities, Morgan Stanley, RBC Capital Markets.
Bonds not redeemable before maturity; minimum denomination $2,000; NYSE listing application made.
Bonds not U.S. government obligations; payable from TVA's Net Power Proceeds; interest rate TBD.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.