---
schema_version: "secwatch.filing_event.v1"
accession: "0001376986-23-000009"
form_type: "8-K"
ticker: "TVE"
cik: "0001376986"
company_name: "Tennessee Valley Authority"
filed_at: "2023-03-27T23:59:59+00:00"
generated_at: "2026-06-17T14:38:19.971582+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001376986-23-000009
- form_type: 8-K
- ticker: TVE
- cik: 0001376986
- company_name: Tennessee Valley Authority
- filed_at: 2023-03-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000009/0001376986-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000009/tve-20230327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376986-23-000009
- JSON: https://secwatch.observer/filing/0001376986-23-000009.json
- Plain text: https://secwatch.observer/filing/0001376986-23-000009.txt

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