debt
confidence high
sentiment neutral
materiality 0.65
Entergy Texas issues $290.85M Senior Secured System Restoration Bonds
ENTERGY TEXAS, INC.
- $290,850,000 Senior Secured System Restoration Bonds, Series 2022-A, issued by Entergy Texas Restoration Funding II, LLC.
- Underwriting Agreement signed March 24, 2022 with Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. as representatives.
- Bonds issued under Indenture and Series Supplement dated April 1, 2022; proceeds to finance system restoration costs.
- Related agreements include servicing, purchase/sale, and administration agreements with Entergy Texas, Inc. as servicer/seller/administrator.