• CFC Requests Waiver Under FCC's Financing Rules
  • July 20, 2015
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • The National Rural Utilities Cooperative Finance Corporation (CFC) asked the Federal Communications Commission (FCC) to grant it an exception to allow the CFC to issue letters of credit to its members that are selected for projects under the FCC Rural Broadband Experiment program. The letters of credit would allow CFC members to access loans at lower rates than they could get from commercial banks.