debt
confidence high
sentiment neutral
materiality 0.50
TVA launches $3B electronotes debt program with maturities up to 30 years
Tennessee Valley Authority
- Maximum aggregate principal outstanding: $3 billion; maturities from 1 to 30 years.
- Fixed rate, book-entry through DTC; denominations of $1,000.
- Agents include InspereX, Citigroup, FHN Financial, Morgan Stanley, Wells Fargo.
- Notes are not U.S. government obligations; not registered with SEC.
- Final terms for each issuance will be specified in a pricing supplement.