NEW ORLEANS, Nov. 30, 2015 /PRNewswire/ -- Entergy Louisiana,
LLC announced today that on December 30,
2015 (the "Redemption Date"), it will redeem $32,000,000 principal amount of its outstanding
First Mortgage Bonds, 6% Series due March
15, 2040, (the "Bonds"), at the redemption price of 100
percent of the principal amount thereof (the "Redemption Price")
plus accrued interest thereon to but excluding the Redemption
Date. The Bonds to be redeemed will be selected in accordance
with the applicable procedures of The Depository Trust Company, the
registered holder of the Bonds, for partial redemptions. The
Bonds are listed on the New York Stock Exchange and trade under the
symbol ELB.
On the Redemption Date, provided that the trustee has received
sufficient funds to complete the redemption, the Redemption Price,
together with accrued interest to but excluding the Redemption
Date, shall become due and payable on each Bond, and on and after
the Redemption Date, the Bonds shall cease to bear
interest. Payment of the Redemption Price and accrued interest
will be made on or after the Redemption Date upon presentation and
surrender of the Bonds to The Bank of New York Mellon, Bondmaster
Ops – Syracuse – Vault, 111
Sanders Creek Parkway, East Syracuse, New
York 13057.
Entergy Corporation is an integrated energy company engaged
primarily in electric power production and retail distribution
operations. Entergy owns and operates power plants with
approximately 30,000 megawatts of electric generating capacity,
including nearly 10,000 megawatts of nuclear power, making it one
of the nation's leading nuclear generators. Entergy delivers
electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more
than $12 billion and approximately
13,000 employees.
Entergy's online address is
entergy.com
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SOURCE Entergy Louisiana, LLC