Entergy New Orleans amends credit facility; $25M unsecured revolver maturing June 2027

ENTERGY NEW ORLEANS, LLC

Fourth Amended and Restated Credit Agreement provides $25M unsecured revolving credit/LC facility, maturing June 18, 2027.
As of June 18, 2024, no loans or letters of credit outstanding under the facility.
Covenant requires consolidated debt ratio ≤65% of total capitalization; other customary covenants.
Facility has variable interest rate and facility fee of 0.375% of undrawn commitment, tied to senior unsecured debt rating.
Credit Agreement may be accelerated upon events of default including non-payment, cross-default, change of control.

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