UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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| Item 8.01 | Other Events. |
Member Capital Securities, Series 2023
On October 27, 2023, National Rural Utilities Cooperative Finance Corporation (the “Company”) filed a prospectus supplement with the Securities and Exchange Commission (the “SEC”) in connection a program through which the Company may issue and sell, from time to time, an unlimited aggregate principal amount of its Member Capital Securities, Series 2023 (the “Member Capital Securities”) to its voting members (the “Member Capital Securities Prospectus Supplement”).
The forms of fixed and floating rate certificates for the Member Capital Securities are filed as Exhibit 4.1 and 4.2, respectively, and are incorporated by reference herein.
Medium-Term Notes, Series D
On October 27, 2023, the Company entered into an agency agreement (the “MTN Agency Agreement”) with RBC Capital Markets, LLC, J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., Mizuho Securities USA LLC, MUFG Securities Americas Inc., PNC Capital Markets LLC, Regions Securities LLC, Scotia Capital (USA) Inc., Truist Securities, Inc. and U.S. Bancorp Investments, Inc. (the “MTN Agents”) relating to the continuation of a program through which the Company may offer and sell, from time to time, an unlimited aggregate principal amount of its Medium-Term Notes, Series D (the “MTNs”). The Company has filed a prospectus supplement, dated October 27, 2023, with the SEC on October 27, 2023 related to the MTNs (the “MTN Prospectus Supplement”).
In addition, the Company also filed a prospectus supplement, dated October 27, 2023, pursuant to which it may offer and sell, from time to time, an unlimited aggregate principal amount of its MTNs directly to its members and associates, the members, associates and affiliates of Rural Telephone Finance Cooperative and the members and certain qualified associates of National Cooperative Services Corporation.
Copies of the MTN Agency Agreement and the forms of fixed and floating rate MTNs are filed as Exhibits 1.1, 4.3 and 4.4, respectively, and are incorporated by reference herein.
CFC InterNotes®
On October 27, 2023, the Company entered into an agency agreement (the “InterNotes® Agency Agreement”) with InspereX LLC, Citigroup Global Markets Inc., RBC Capital Markets, LLC and Wells Fargo Clearing Services, LLC (the “InterNotes® Agents”) relating to the continuation of a program through which the Company may offer and sell, from time to time, an unlimited aggregate principal amount of its InterNotes® (the “InterNotes®”). The Company has filed a prospectus supplement, dated October 27, 2023, with the SEC on October 27, 2023 related to the InterNotes® (the “InterNotes® Prospectus Supplement”, together with the Member Capital Securities Prospectus Supplement and the MTN Prospectus Supplement, the “Prospectus Supplements”).
Copies of the InterNotes® Agency Agreement and the forms of fixed and floating rate InterNotes® are filed as Exhibits 1.2, 4.5 and 4.6, respectively, and are incorporated by reference herein.
The Member Capital Securities, the MTNs and the InterNotes® will be issued pursuant to the shelf registration statement on Form S-3 (File No. 333-275151) filed by the Company with the SEC on October 24, 2023, a base prospectus, dated October 24, 2023, included as part of the registration statement, and the Prospectus Supplements.
| Item 9.01 | Financial Statements and Exhibits. |
The following exhibits are filed as part of this report:
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.
| NATIONAL RURAL UTILITIES COOPERATIVE | ||
| FINANCE CORPORATION | ||
| By: | /s/ Yu Ling Wang | |
| Yu Ling Wang | ||
| Senior Vice President and Chief Financial Officer | ||
Dated: October 27, 2023