Moody's confirms Entergy

Moody's Investors Service said it affirmed the ratings of Entergy Corp. (Baa3 senior unsecured), Entergy Arkansas, Inc. (Baa2 issuer rating) Entergy Louisiana, LLC (Baa2 senior unsecured), Entergy Mississippi (Baa3 issuer rating), Entergy New Orleans, Inc. (Ba2 issuer rating) and Entergy Texas, Inc. (Ba1 issuer rating).

All outlooks remain stable.

"While we remain concerned that Entergy's primary liquidity facility will expire in under nine months, we believe that bank markets remain open to the company," Bill Hunter, vice president and senior analyst, said in a news release.

"We also expect that Entergy's metrics will remain appropriately strong for its rating despite our projections that cash flows from its merchant nuclear business will decline due, in part, to generally improved cash flows at the regulated utilities since 2009," Hunter added in the release.

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