Entergy Louisiana to redeem notes due 2040, 2041 with new offering

By Wendy Van Sickle

Columbus, Ohio, Aug. 10 – Entergy Louisiana, LLC plans to redeem $268 million of its first mortgage bonds maturing in 2040 and 2041 with coupons from 5 7/8% to 6% with proceeds of an offering of collateral trust mortgage bonds due 2066, according to a 424B3 filing with the Securities and Exchange Commission.

Proceeds will also be used for general corporate purposes.

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

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