secwatch.observer — SEC 8-K summary
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Issuer:     Tennessee Valley Authority (TVE)
CIK:        0001376986
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0001376986-25-000013
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TVA files preliminary offering circular for new 30-year power bonds due 2055
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- Plans to issue 2025 Series A Global Power Bonds due Feb 1, 2055; size and coupon to be determined.
- Bonds are non-callable, book-entry via Federal Reserve, NYSE listing applied for.
- Minimum denomination $2,000; interest payable semi-annually on Feb 1 and Aug 1.
- Preliminary circular subject to completion; final terms will follow in pricing supplement.
- Bonds not guaranteed by U.S. government; payments from TVA's Net Power Proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376986/000137698625000013/0001376986-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376986/000137698625000013/tve-20250211.htm
  HTML page:      https://secwatch.observer/filing/0001376986-25-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer