debt
confidence high
sentiment neutral
materiality 0.50
Entergy New Orleans issues $160M in two tranches of first mortgage bonds (4.19% due 2031, 4.51% due 2036)
ENTERGY NEW ORLEANS, LLC
- Issued $90M of 4.19% First Mortgage Bonds due November 19, 2031.
- Issued $70M of 4.51% First Mortgage Bonds due November 19, 2036.
- Interest payable semi-annually on May 19 and November 19 starting May 19, 2022.
- Bonds sold in private placement under Section 4(a)(2) of Securities Act; trustee is Bank of New York Mellon.
- Bonds are subject to make-whole redemption until 3 months before maturity, then at par.