secwatch.observer — SEC 8-K summary
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Issuer:     Tennessee Valley Authority (TVE)
CIK:        0001376986
Form:       8-K
Filed at:   2023-04-03T23:59:59+00:00
Accession:  0001376986-23-000013
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TVA amends two credit facilities: extends one maturity, switches to SOFR
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- Extended December Maturity Community Bank Credit Agreement maturity to March 29, 2026.
- Replaced LIBOR benchmark with SOFR in both December and September Maturity credit agreements.
- Lenders include Truist Bank, Regions, United Community, Pinnacle, First Horizon, SmartBank, HomeTrust, and First National Bank.
- Amendments effective March 29, 2023; filed as 8-K on April 3, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376986/000137698623000013/0001376986-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376986/000137698623000013/tve-20230329.htm
  HTML page:      https://secwatch.observer/filing/0001376986-23-000013

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