Entergy New Orleans enters $80M term loan credit agreement maturing March 2026

ENTERGY NEW ORLEANS, LLC

$80 million term loan, one-time draw by March 21, 2025, matures March 20, 2026.
Interest at base rate or SOFR plus margin; quarterly payments.
Covenant: consolidated debt ratio ≤ 65% of total capitalization.
Prepayable voluntarily; acceleration upon events of default including change of control of parent.
Bank of America as Administrative Agent; up-front fee on loan amount.

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