JOINT BOOKRUNNER
Entergy Arkansas, LLC
Debt Capital Markets
Senior Secured First Mortgage Bonds Due 2034
Transaction Details
On May 8, 2025, Entergy Arkansas, LLC (“EAL”) closed on the sale of $300,000,000 aggregate principal amount of its First Mortgage Bonds, 5.45% Series due June 1, 2034 (the “Bonds”), which will be part of the same series of First Mortgage Bonds issued on May 10, 2024
The Bonds were issued at 100.788% of the principal amount for a re-offer yield of 5.337%
EAL intends to use the net proceeds from the issuance and sale of the Bonds, together with other available funds for the following:
- To finance the construction of Lake Catherine Unit 5 in Hot Springs County, Arkansas
- For general corporate purposes
Issue ratings were A (S&P Global Ratings) / A2 (Moody’s Investors Service)
About the company
Entergy Arkansas, LLC serves approximately 730,000 customers in 63 counties. Entergy Arkansas is a subsidiary of Entergy Corporation (“Entergy”), a Fortune 500 company that powers life for 3 million customers through their operating companies in Arkansas, Louisiana, Mississippi and Texas. Entergy is investing in the reliability and resilience of the energy system while helping their region transition to cleaner, more efficient energy solutions. With roots in their communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, Entergy has delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees.
Sources: Company Filings.
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