← Tennessee Valley Authority

THIRD AMENDED AND RESTATED JULY MATURITY CREDIT AGREEMENT

Signed Jul 10, 2026

Committed
$1bn
Matures
Jul 2031
TrancheSizeMaturesMargin
Revolving credit facility$1bnJul 203130–113 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

LevelConditionMarginUnused fee
Level IAAA or Aaa30 bps10 bps
Level IIAA+ or Aa150 bps15 bps
Level IIIAA or Aa255 bps20 bps
Level IVAA- or Aa365 bps25 bps
Level VA+ or A180 bps30 bps
Level VIA or A295 bps35 bps
Level VIIA- or A3113 bps40 bps

Lenders: TD SECURITIES (USA) LLC, The Toronto-Dominion Bank, New York Branch, Morgan Stanley Bank, N.A., Bank of America, N.A., Canadian Imperial Bank of Commerce, New York Branch, The Bank of New York Mellon, U.S. Bank National Association

Amendments

No amendments on file yet.

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