Hunton Advises on National Rural Utilities Cooperative Finance Corporation’s $500M SEC Registered Medium-Term Notes Offering

Time 1 Minute Read
October 30, 2025
News

Hunton Andrews Kurth LLP advised the agent in an SEC-registered offering by National Rural Utilities Cooperative Finance Corporation ("CFC") of $500 million aggregate principal amount of Floating Rate Medium-Term Notes due 2026.

CFC is a member-owned, nonprofit finance cooperative association. Its principal purpose is to provide its members and associates with financing to supplement the loan programs of the Rural Utilities Service of the United States Department of Agriculture. CFC extends loans to its rural electric members for construction, acquisitions, system and facility repairs and maintenance, enhancements and ongoing operations to support the goal of electric distribution and generation and transmission systems of providing reliable, affordable power to the customers they serve. CFC also provides its members and associates with credit enhancements in the form of letters of credit and guarantees of debt obligations. CFC funds its activities primarily through a combination of public and private issuances of debt securities, member investments and retained equity. As a Section 501(c)(4) tax-exempt, member-owned cooperative, CFC cannot issue equity securities.

The Hunton team included Michael F. FitzpatrickAdam R. O'BrianPatrick C. JamiesonReuben H. Pearlman, Monika M. Dziewa and Jack W. Chatas.

Related Insights

Jump to Page