---
schema_version: "secwatch.filing_event.v1"
accession: "0000071508-23-000004"
form_type: "8-K"
ticker: "ENJ"
cik: "0000071508"
company_name: "ENTERGY NEW ORLEANS, LLC"
filed_at: "2023-06-01T23:59:59+00:00"
generated_at: "2026-06-14T09:57:41.611936+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Entergy New Orleans extends term loan to June 2024, ups size to $85M, rate to 6.25%

## Summary
- Maturity extended from May 31, 2023 to June 3, 2024 for existing $70M term loan.
- Loan increased by $15M to $85M via Incremental Term Loan.
- Interest rate raised from 2.50% to 6.25% per annum effective May 31, 2023.
- Bank of America, N.A. remains Administrative Agent under the amended agreement.

## SEC filing metadata
- accession: 0000071508-23-000004
- form_type: 8-K
- ticker: ENJ
- cik: 0000071508
- company_name: ENTERGY NEW ORLEANS, LLC
- filed_at: 2023-06-01T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/71508/000007150823000004/0000071508-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/71508/000007150823000004/etr-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000071508-23-000004
- JSON: https://secwatch.observer/filing/0000071508-23-000004.json
- Plain text: https://secwatch.observer/filing/0000071508-23-000004.txt

## Key facts
- Debt Financings
  ENTERGY NEW ORLEANS, LLC amended credit facility of $15 million with Bank of America, N.A. at 6.25% per annum maturing June 3, 2024.
  - Instrument: credit facility
  - Principal: $15 million
  - Counterparty: Bank of America, N.A.
  - Rate: 6.25% per annum
  - Maturity: June 3, 2024
  - Event: amendment
  source text: the Credit Agreement (each, a “ Term Loan ”) from May 31, 2023 to June 3, 2024, (ii) providing for additional commitments and additional Term Loans in the aggregate amount of $15 million (each, an “ Incremental Term Loan ”), (iii) increasing the fixed interest rate payable on the unpaid principal amount of each Term Loan (including each Incremental Term Loan)
  evidence_url: https://www.sec.gov/Archives/edgar/data/71508/000007150823000004/0000071508-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.