secwatch.observer — SEC 8-K summary
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Issuer:     Tennessee Valley Authority (TVE)
CIK:        0001376986
Form:       8-K
Filed at:   2026-07-15T18:44:35+00:00
Accession:  0001376986-26-000033
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TVA enters $1B credit facility maturing 2031, replacing prior $1B March 2022 facility
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- TVA entered a Third Amended and Restated $1B July Maturity Credit Agreement on July 10, 2026.
- Facility matures July 10, 2031, with variable interest rate based on TVA's senior unsecured debt rating.
- Lenders include Toronto Dominion, Bank of America, CIBC, Morgan Stanley, BNY Mellon, US Bank.
- Unused facility fee and letter of credit fees fluctuate with TVA's credit rating.
- Proceeds used for general corporate purposes, including working capital and letters of credit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376986/000137698626000033/0001376986-26-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376986/000137698626000033/tve-20260710.htm
  HTML page:      https://secwatch.observer/filing/0001376986-26-000033

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