By Kenneth Lim
Boston, May 27 - Tennessee Valley Authority priced a $500 million add-on of its 5.25% Global Power Bonds due Sept. 15, 2039 on May 24, according to a regulatory filing.
The notes were sold at 105.522.
There are now $2 billion of the notes under the series.
The notes are non-callable.
| Issuer: | Tennessee Valley Authority
|
| Issue: | Global Power Bonds reopening
|
| Amount: | $500 million
|
| Maturity: | Sept. 15, 2039
|
| Coupon: | 5.25%
|
| Price: | 105.522
|
| Call: | Non-callable
|
| Pricing date: | May 24
|
| Settlement date: | May 27
|
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