secwatch.observer — SEC 8-K summary
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Issuer:     ENTERGY NEW ORLEANS, LLC (ENJ)
CIK:        0000071508
Form:       8-K
Filed at:   2024-06-18T23:59:59+00:00
Accession:  0000071508-24-000006
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71508/000007150824000006/0000071508-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71508/000007150824000006/etr-20240618.htm
  HTML page:      https://secwatch.observer/filing/0000071508-24-000006

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