- Free Writing Prospectus - Filing under Securities Act Rules 163/433 (FWP)
November 10 2009 - 5:19PM
Edgar (US Regulatory)
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.
Entergy Lousiana Llc (NYSE:EHL)
Historical Stock Chart
From Oct 2024 to Nov 2024
Entergy Lousiana Llc (NYSE:EHL)
Historical Stock Chart
From Nov 2023 to Nov 2024