TVA plans $1 billion power bond issuance with preliminary offering circular released August 8, 2024

Tennessee Valley Authority

TVA released preliminary offering circular on August 8, 2024 for $1,000,000,000 in Global Power Bonds 2024 Series A due August 1, 2034.
Bonds will be issued in minimum denominations of $2,000 and integral multiples of $1,000, with interest payable February 1 and August 1.
The bonds are not redeemable prior to maturity and will not be obligations of or guaranteed by the U.S. government.
Joint book-running managers include BofA Securities, Morgan Stanley, RBC Capital Markets, and TD Securities.
Application will be made to list the bonds on the New York Stock Exchange.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.