secwatch.observer — SEC 8-K summary
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Issuer:     ENTERGY NEW ORLEANS, LLC (ENJ)
CIK:        0000071508
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0000065984-21-000303
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Entergy New Orleans enters $70M term loan at 2.50% fixed rate maturing May 2023
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- Entered $70M unsecured term loan under amended Credit Agreement dated Nov 9, 2021.
- Fixed interest rate of 2.50% per annum, payable quarterly.
- Loan matures May 31, 2023; may be prepaid with a premium.
- Covenant requires consolidated debt ratio ≤65% of total capitalization.
- Lender group led by Bank of America, N.A. as Administrative Agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71508/000006598421000303/0000065984-21-000303-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71508/000006598421000303/etr-20211109.htm
  HTML page:      https://secwatch.observer/filing/0000065984-21-000303

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