---
schema_version: "secwatch.filing_event.v1"
accession: "0001376986-24-000022"
form_type: "8-K"
ticker: "TVE"
cik: "0001376986"
company_name: "Tennessee Valley Authority"
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:38:47.015281+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# TVA issues $1B of 4.375% Global Power Bonds due August 2034

## Summary
- Principal $1B, coupon 4.375%, maturity August 1, 2034; not redeemable prior to maturity.
- Net proceeds ~$987.8M after discount and manager fees; settlement August 13, 2024.
- Interest payable semi-annually on Feb 1 and Aug 1, beginning Feb 1, 2025.
- Offered via final offering circular dated Aug 8, 2024; joint book-runners: BofA, Morgan Stanley, RBC, TD.
- Not obligations of or guaranteed by the U.S. government; payable solely from TVA's Net Power Proceeds.

## SEC filing metadata
- accession: 0001376986-24-000022
- form_type: 8-K
- ticker: TVE
- cik: 0001376986
- company_name: Tennessee Valley Authority
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376986/000137698624000022/0001376986-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376986/000137698624000022/tve-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376986-24-000022
- JSON: https://secwatch.observer/filing/0001376986-24-000022.json
- Plain text: https://secwatch.observer/filing/0001376986-24-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.