---
schema_version: "secwatch.filing_event.v1"
accession: "0001376986-23-000011"
form_type: "8-K"
ticker: "TVE"
cik: "0001376986"
company_name: "Tennessee Valley Authority"
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:05:26.935012+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# TVA issues $1B of 3.875% Global Power Bonds due 2028, net proceeds $988.6M

## Summary
- Issued $1B of 3.875% Global Power Bonds 2023 Series A, maturing March 15, 2028.
- Net proceeds after discount and fees: $988.62M; settlement March 30, 2023.
- Bonds not redeemable prior to maturity; interest semi-annual on March 15 and Sept 15.
- Application made to list on NYSE; bonds are obligations of TVA, not guaranteed by U.S.

## SEC filing metadata
- accession: 0001376986-23-000011
- form_type: 8-K
- ticker: TVE
- cik: 0001376986
- company_name: Tennessee Valley Authority
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000011/0001376986-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000011/tve-20230327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376986-23-000011
- JSON: https://secwatch.observer/filing/0001376986-23-000011.json
- Plain text: https://secwatch.observer/filing/0001376986-23-000011.txt

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