Eversheds Sutherland Coop Law Blog
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NRECA to Press Congress to Approve Repricing of RUS Loans

The National Rural Electric Cooperative Association (NRECA) is planning to urge Congress and the incoming Biden administration to support legislation to reprice Rural Utilities Service (RUS) loans at current low interest rates. The proposed legislation would allow coops to request rate adjustments on existing RUS loans within 180 days of the bill’s enactment and waive any prepayment...