Entergy Arkansas' 4.75% bonds due 2063 admitted to trading on NYSE

By Tali David

Minneapolis, June 6 - Entergy Arkansas, Inc.'s 4.75% first mortgage bonds due June 1, 2063 have been admitted to trading on the New York Stock Exchange, according to a notice.

The bonds trade under the symbol "EAE."

The company priced $125 million of the $25-par bonds on May 28.

As previously reported, Wells Fargo Securities LLC and Morgan Stanley & Co. LLC are the joint bookrunners.

Proceeds will be used along with other corporate funds to redeem $300 million of 5.4% first mortgage bonds due in August. Any remaining proceeds will be used for general corporate purposes.

Entergy Arkansas is a Little Rock, Ark.-based energy provider.

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