ENTERGY NEW ORLEANS, LLC (ENJ): debt financing — Entergy New Orleans issues $150M of First Mortgage Bonds in three series

ENTERGY NEW ORLEANS, LLC

Total $150M: $35M 6.25% due 2029, $65M 6.41% due 2031, $50M 6.54% due 2034.
Interest payable semi-annually (June 15 & Dec 15), starting June 15, 2024.
Bonds callable at make-whole premium before final maturity dates.
Expected issuance on or about May 23, 2024 under existing mortgage indenture.
Issued in private placement exempt from registration under Section 4(a)(2).

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ENTERGY NEW ORLEANS, LLC incurred senior notes of $50,000,000 aggregate principal amount of its First Mortgage Bonds, 6.54% Series due June 15, 2034 with institutional investors named as purchasers therein at 6.54 percent per annum maturing June 15, 2034.

Instrument: senior notes
Principal: $50,000,000 aggregate principal amount of its First Mortgage Bonds, 6.54% Series due June 15, 2034
Counterparty: institutional investors named as purchasers therein
Rate: 6.54 percent per annum
Maturity: June 15, 2034
Event: incurrence

Exact text from the filing

On April 3, 2024, Entergy New Orleans, LLC (the “ Company ”) entered into a Bond Purchase Agreement between the Company and the institutional investors named as purchasers therein (the “ Bond Purchase Agreement ”). The Bond Purchase Agreement provides for the issuance of

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ENTERGY NEW ORLEANS, LLC incurred senior notes of $65,000,000 aggregate principal amount of its First Mortgage Bonds, 6.41% Series due June 15, 2031 with institutional investors named as purchasers therein at 6.41 percent per annum maturing June 15, 2031.

Instrument: senior notes
Principal: $65,000,000 aggregate principal amount of its First Mortgage Bonds, 6.41% Series due June 15, 2031
Counterparty: institutional investors named as purchasers therein
Rate: 6.41 percent per annum
Maturity: June 15, 2031
Event: incurrence

Exact text from the filing

On April 3, 2024, Entergy New Orleans, LLC (the “ Company ”) entered into a Bond Purchase Agreement between the Company and the institutional investors named as purchasers therein (the “ Bond Purchase Agreement ”). The Bond Purchase Agreement provides for the issuance of

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ENTERGY NEW ORLEANS, LLC incurred senior notes of $35,000,000 aggregate principal amount of its First Mortgage Bonds, 6.25% Series due June 15, 2029 with institutional investors named as purchasers therein at 6.25 percent per annum maturing June 15, 2029.

Instrument: senior notes
Principal: $35,000,000 aggregate principal amount of its First Mortgage Bonds, 6.25% Series due June 15, 2029
Counterparty: institutional investors named as purchasers therein
Rate: 6.25 percent per annum
Maturity: June 15, 2029
Event: incurrence

Exact text from the filing

On April 3, 2024, Entergy New Orleans, LLC (the “ Company ”) entered into a Bond Purchase Agreement between the Company and the institutional investors named as purchasers therein (the “ Bond Purchase Agreement ”). The Bond Purchase Agreement provides for the issuance of (i) $35,000,000 aggregate principal amount of its First Mortgage Bonds, 6.25% Series due June 15, 2029 (the “ Bonds of the Twenty-ninth Series ”)

View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

ENTERGY NEW ORLEANS, LLC filing history →

Source: SEC EDGAR

accession 0000071508-24-000003

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.