secwatch.observer — SEC 8-K summary
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Issuer:     Tennessee Valley Authority (TVE)
CIK:        0001376986
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001376986-23-000011
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376986/000137698623000011/0001376986-23-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376986/000137698623000011/tve-20230327.htm
  HTML page:      https://secwatch.observer/filing/0001376986-23-000011

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