---
schema_version: "secwatch.filing_event.v1"
accession: "0000071508-25-000004"
form_type: "8-K"
ticker: "ENJ"
cik: "0000071508"
company_name: "ENTERGY NEW ORLEANS, LLC"
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T06:36:14.774347+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- $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.

## SEC filing metadata
- accession: 0000071508-25-000004
- form_type: 8-K
- ticker: ENJ
- cik: 0000071508
- company_name: ENTERGY NEW ORLEANS, LLC
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/71508/000007150825000004/0000071508-25-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/71508/000007150825000004/etr-20250221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000071508-25-000004
- JSON: https://secwatch.observer/filing/0000071508-25-000004.json
- Plain text: https://secwatch.observer/filing/0000071508-25-000004.txt

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