Entergy Louisiana plans minimum $100 million retail mortgage bond sale

By Andrea Heisinger

New York, Nov. 17 - Entergy Louisiana, LLC announced an offering of first mortgage bonds on Wednesday in a 424B2 filing with the Securities and Exchange Commission.

A source said the size is at $100 million but will likely grow. Pricing is planned for Thursday.

The bonds will be priced at $25 each.

Proceeds are going to be used for general corporate purposes.

Citigroup Global Markets Inc., Morgan Stanley & Co. Inc. and Wells Fargo Securities LLC are the bookrunners.

Co-managers are Morgan Keegan & Co. Inc., Ramirez & Co. Inc. and Stephens Inc.

The utility is based in Baton Rouge, La.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.