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Published on 3/17/2016 in the Prospect News Investment Grade Daily.

Entergy Louisiana planning collateral trust mortgage bonds

By Aleesia Forni

New York. March 17 – Entergy Louisiana LLC plans to sell collateral trust mortgage bonds, according to a 424B3 filed with the Securities and Exchange Commission.

The notes will feature a make-whole call.

Barclays, BNP Paribas Securities Corp., MUFG and SMBC Nikko are the bookrunners.

Mischler Financial Group Inc., Regions Securities LLC and Williams Capital Group LP are the co-managers.

Proceeds will be used to pay $60 million to purchase interests of Unit No. 3 (nuclear) of the Waterford Steam Electric Station, to repay borrowings from the Entergy system money pool and for general corporate purposes.

Entergy Louisiana is a Jefferson, La.-based energy provider.


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