secwatch.observer — SEC 8-K summary
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Issuer:     ENTERGY LOUISIANA, LLC (ELC)
CIK:        0001348952
Form:       8-K
Filed at:   2023-03-29T23:59:59+00:00
Accession:  0000065984-23-000027
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Entergy Louisiana closes $1.49B securitization for storm cost recovery
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- Issued $1,491,485,000 in bonds via Louisiana Local Government Environmental Facilities and Community Development Authority.
- Proceeds finance costs from Hurricanes Laura, Delta, Zeta, Ida and Winter Storm Uri.
- Net proceeds contributed to trust that purchases preferred interests in Entergy Finance Company, LLC with 7.5% annual dividend.
- Securitization authorized by Louisiana Public Service Commission order in January 2023.
- Structure similar to prior $3.19B securitization closed in May 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1348952/000006598423000027/0000065984-23-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65984/000006598423000027/etr-20230329.htm
  HTML page:      https://secwatch.observer/filing/0000065984-23-000027

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