Entergy Louisiana to conduct sale of collateral trust mortgage bonds

By Devika Patel

Knoxville, Tenn., March 6 – Entergy Louisiana LLC plans to sell dollar-denominated collateral trust mortgage bonds, according to a 424B3 filed with the Securities and Exchange Commission.

The bonds will feature a make-whole call until six months prior to maturity and then are callable at par.

BofA Merrill Lynch, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, SMBC Nikko Securities America Inc. and Wells Fargo Securities LLC are the bookrunners.

R. Seelaus & Co., LLC is the co-manager.

Proceeds will be used to finance the construction of the Lake Charles Power Station and the St. Charles Power Station and for general corporate purposes.

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

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