Tennessee Valley Authority on Wednesday sold $1.5 billion in 30-year bonds, said IFR, a Thomson Reuters service.

The bonds were priced to yield 105 basis points over comparable U.S. Treasuries, according to IFR.

The joint lead managers on the sale were Banc of America Merrill Lynch and Barclays.

(Reporting by Caryn Trokie; Editing by Dan Grebler)

Investment Barclays Merrill Lynch