TVA launches $3B electronotes program with maturities up to 30 years

Tennessee Valley Authority

Offering circular for up to $3B aggregate principal amount of Power Bonds (electronotes).
Maturities from 1 to 30 years, fixed rate, interest paid monthly to annually.
Notes are not obligations of US government and are not registered with SEC.
Agents include InspereX, Citigroup, FHN Financial, Morgan Stanley, Wells Fargo.
Pricing supplements will specify final terms; notes sold from time to time.

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