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Published on 11/28/2012 in the Prospect News Investment Grade Daily.

Entergy Louisiana selling $150 million of 10-year bonds Wednesday

By Andrea Heisinger

New York, Nov. 28 - Entergy Louisiana, LLC is pricing $150 million of 10-year first mortgage bonds (Baa2/BBB/) on Wednesday, according to a market source and a filing with the Securities and Exchange Commission.

Bookrunners are BNP Paribas Securities Corp., Goldman Sachs & Co. and Mizuho Securities USA Inc.

Co-manager is U.S. Bancorp Investments Inc.

Proceeds will be used for general corporate purposes.

The utility subsidiary of Entergy Corp. is based in New Orleans.


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