TENNESSEE VALLEY AUTHORITY (NYSE:TVE) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
released a preliminary offering circular in connection with the
planned issuance of $1,000,000,000 of TVA power bonds (the
Preliminary Offering Circular). A copy of the Preliminary
Offering Circular is being furnished as Exhibit 99.1.
in the Preliminary Offering Circular to reflect developments that
occur after its release or for any other reason.
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EXHIBIT NO.
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DESCRIPTION OF EXHIBIT
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99.1
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Preliminary Offering Circular Released February 6,
2017, in Connection with the Planned Issuance of $1,000,000,000 of TVA Power Bonds. |
registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
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Tennessee Valley Authority
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(Registrant)
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Date: February 6, 2017
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/s/ John M. Thomas, III
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John M. Thomas, III
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Executive Vice President and
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Chief Financial Officer
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About TENNESSEE VALLEY AUTHORITY (NYSE:TVE)
Tennessee Valley Authority (TVA) operates a public power system and supplies power in Tennessee, northern Alabama, northeastern Mississippi, and southwestern Kentucky and in portions of northern Georgia, western North Carolina, and southwestern Virginia. The Company manages the Tennessee River, its tributaries and certain shorelines to provide navigation, flood damage reduction and electricity, among others. The Company is a wholesaler of power. The Company sells power to local power company customers of TVA (LPCs), which then resell power to their customers at retail rates. TVA’s LPCs consist of municipalities and other local government entities (municipalities), and customer-owned entities (cooperatives). TVA has approximately three nuclear sites consisting of over six units in operation and approximately one unit under construction. The Company’s transmission system has approximately 70 interconnections with over 10 neighboring electric systems. TENNESSEE VALLEY AUTHORITY (NYSE:TVE) Recent Trading Information
TENNESSEE VALLEY AUTHORITY (NYSE:TVE) closed its last trading session at with 13,187 shares trading hands.