Filed Pursuant to Rule 433
Registration No. 333-159158
 
Entergy Louisiana, LLC
 
$400 ,000,000
 
First Mortgage Bonds,
 
5.40% Series due November 1, 2024
 
Final Terms and Conditions
 
November 10, 2009
 
Issuer:
 
Entergy Louisiana, LLC
     
Market Type:
 
First Mortgage Bonds (SEC Registered)
     
Expected Ratings (1) :
 
A3 (stable outlook) by Moody’s Investors Service
A- (stable outlook) by Standard & Poor’s Ratings Services
     
Trade Date:
 
November 10, 2009
     
Settlement Date (T+3):
 
November 16, 2009
     
Principal Amount:
 
$400 ,000,000
     
Coupon:
 
5.40%
     
Coupon Payment Dates:
 
May 1 and November 1 of each year
     
First Payment Date:
 
May 1, 2010
     
Final Maturity:
 
November 1, 2024
     
Redemption Provisions:
 
Make-whole call at any time at a discount rate of Treasury plus 35 bps
     
UST Benchmark:
 
3.625% due August 15, 2019
     
Spread to UST Benchmark:
 
+195 bps
     
Treasury Price:
 
101-05
     
Treasury Yield:
 
3.484%
     
Re-offer Yield:
 
5.434%
     
Issue Price to Public:
 
99.658%
     
Joint Book-Running Managers:
 
J.P. Morgan Securities Inc.
   
KeyBanc Capital Markets Inc.
   
RBS Securities Inc.
     
Co-Managers:
 
BNP Paribas Securities Corp.
   
Wells Fargo Securities, LLC
     
CUSIP / ISIN:
 
29364WAK4 / US29364WAK45
     
 
______________________ 
 
1   A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.


The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.

Alternatively, a copy of the prospectus for the offering can be obtained by calling (i) J.P. Morgan Securities Inc. collect at (212) 834-4533, (ii) KeyBanc Capital Markets Inc. toll free at 1-866-227-6479, or (iii) RBS Securities Inc. toll free at 1-866-884-2071.

 


 

 

 


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