secwatch.observer — SEC 8-K summary
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Issuer:     Tennessee Valley Authority (TVE)
CIK:        0001376986
Form:       8-K
Filed at:   2025-12-12T23:59:59+00:00
Accession:  0001376986-25-000058
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TVA launches $3B electronotes program with maturities up to 30 years
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- Maximum aggregate principal $3B; Notes issued in $1,000 denominations.
- Maturities from one to thirty years; fixed interest rate; monthly to annual payments.
- Agents include InspereX, Citigroup, FHN Financial, Morgan Stanley, Wells Fargo.
- TVA is not a U.S. government obligation; no SEC registration required.
- Estimated net proceeds to TVA: $2.925B to $2.994B after discounts and expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376986/000137698625000058/0001376986-25-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376986/000137698625000058/tve-20251209.htm
  HTML page:      https://secwatch.observer/filing/0001376986-25-000058

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