Entergy Louisiana planning collateral trust mortgage bonds

By Lisa Kerner

Charlotte, N.C., May 16 – 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.

BofA Merrill Lynch, Barclays, BNP Paribas Securities Corp., Goldman Sachs & Co. and MUFG are the bookrunners.

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

Proceeds will be used to repay, prior to maturity, 6.2% first mortgage bonds due July 2033 in the total principal amount of $240 million, and 6.18% first mortgage bonds due March 2035 in the total principal amount of $85 million, and for general corporate purposes.

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

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