secwatch.observer — SEC 8-K summary
======================================

Issuer:     ENTERGY LOUISIANA, LLC (ELC)
CIK:        0001348952
Form:       8-K
Filed at:   2024-06-13T23:59:59+00:00
Accession:  0000065984-24-000062
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Entergy Corp and subsidiaries enter $4.3B total amended revolving credit facilities due 2029
--------------------------------------------------------------------------------

- Entergy Corp $3B facility; Arkansas $300M; Louisiana $400M; Mississippi $300M; Texas $300M.
- All mature June 11, 2029; can be increased up to $3.5B, $350M, $475M, $350M, $350M respectively.
- No loans outstanding at closing; small letters of credit outstanding ($4M at parent, $1M at Texas).
- Covenants include consolidated debt ratio ≤65%; commitment fees 0.125%-0.225% based on credit rating.
- Facilities replace prior agreements; provide liquidity for working capital, letters of credit, general purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1348952/000006598424000062/0000065984-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7323/000006598424000062/etr-20240611.htm
  HTML page:      https://secwatch.observer/filing/0000065984-24-000062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer