Entergy Texas Restoration Funding II issues $290.85M in Senior Secured System Restoration Bonds

ENTERGY TEXAS, INC.

Issued $290,850,000 of Senior Secured System Restoration Bonds, Series 2022-A, on April 1, 2022.
Bonds secured by transition property and charges under a PUCT financing order dated Jan 14, 2022.
Legal opinions provided on federal constitutional issues; state pledge included in bond documents.
Proceeds used to fund system restoration, likely from Winter Storm Uri; bonds amortize over time.

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