TVA refinances $1B credit facility, extends maturity to July 2031

Filed July 15, 2026 · Period ending July 10, 2026 · ~1 min read

Key Changes

• medium

  Entered into third amended and restated $1B revolving credit facility, replacing March 2022 agreement with same commitment size but new five-year term expiring July 10, 2031.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  Facility provides access to loans or letters of credit with variable interest rates tied to market conditions and TVA's senior unsecured debt rating; unused commitment fees also rating-dependent.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
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  Filing also reports the refinancing as creation of a direct financial obligation under Item 2.03.

  Item 2.03 — Creation of a Direct Financial Obligation verify on EDGAR →