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Entergy Texas to sell $125 million five-year first mortgage bonds; pricing Tuesday
By Aleesia Forni
New York, March 8 – Entergy Texas Inc. plans to price a $125 million offering of five-year first mortgage bonds (Baa1/A-) on Tuesday, according to an informed source and a 424B3 filed with the Securities and Exchange Commission.
Goldman Sachs & Co., KeyBanc Capital Markets and U.S. Bancorp Investments Inc. are the bookrunners.
Proceeds will be used for general corporate purposes.
Entergy Texas is a Beaumont, Texas-based energy provider.
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