Entergy Arkansas offers fixed-rate first mortgage bonds

Chicago, Jan. 3 – Entergy Arkansas, LLC is offering fixed-rate first mortgage bonds, according to a 424B3 filing with the Securities and Exchange Commission.

The notes have a make-whole call and a par call.

J.P. Morgan Securities LLC, Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc., Stephens Inc. and U.S. Bancorp Investments, Inc. are the joint bookrunners.

Loop Capital Markets LLC is the co-manager.

Morgan, Lewis & Bockius LLP, Eldredge & Clark, LLP and Duggins Wren Mann & Romero, LLP are advising the issuer. Pillsbury Winthrop Shaw Pittman LLP is advising the bookrunners.

Proceeds will be used, with available funds, to repay or redeem Entergy’s $250 million 3.05% first mortgage bonds due June 1 and for general corporate purposes.

Entergy Arkansas is a New Orleans-based energy provider.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.