UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13, 15(d), or 37 of the Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): March 26, 2009
TENNESSEE
VALLEY AUTHORITY
(Exact
name of registrant as specified in its charter)
|
A
corporate agency of the United States created by an act of
Congress
(State
or other jurisdiction of incorporation or organization)
|
000-52313
(Commission
file number)
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62-0474417
(IRS
Employer Identification No.)
|
||
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400
W. Summit Hill Drive
Knoxville,
Tennessee
(Address
of principal executive offices)
|
37902
(Zip
Code)
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(865) 632-2101
(Registrant’s
telephone number, including area code)
None
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
[ ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
(1)
Item
1.01 Entry into a Material Definitive Agreement.
On March
26, 2009, TVA entered into two new credit facilities with Bank of America, N.A.,
as Administrative Agent, and Bank of America, N.A., as a
Lender. These new credit facilities are a $1,250,000,000 Spring
Maturity Credit Agreement with a maturity date of May 13, 2009, and a
$1,000,000,000 Fall Maturity Credit Agreement with a maturity date of November
9, 2009. These agreements replace the previous $1,250,000,000 Spring
Maturity Credit Agreement and $1,000,000,000 Fall Maturity Credit Agreement with
Bank of America, N.A. The new credit facilities accommodate the
issuance of letters of credit by Bank of America, N.A.
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
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Date:
April 1, 2009
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Tennessee
Valley Authority
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(Registrant)
|
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| /s/ Kimberly S. Greene | |
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Kimberly
S. Greene
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|
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Chief
Financial Officer and Executive
Vice
President, Financial Services
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|
(2)