secwatch.observer — SEC 8-K summary
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Issuer:     Tennessee Valley Authority (TVE)
CIK:        0001376986
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001376986-24-000020
Event type: debt
Sentiment:  neutral
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376986/000137698624000020/0001376986-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376986/000137698624000020/tve-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001376986-24-000020

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