Company: EAI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000065984-25-000046
Chunk: 193

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 7
Chunk 193
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ergy Mississippi issued $600 million of 5.80% Series mortgage bonds due April 2055.  Entergy Mississippi expects to use the proceeds, together with other funds, to finance a portion of the construction of the Delta Blues Advanced Power Station, the Delta Solar facility, and the Penton Solar facility, and for general corporate purposes.(Entergy New Orleans)In February 2025, Entergy New Orleans entered into a term loan credit agreement providing a $80 million unsecured term loan due March 2026.  The term loan bears interest at a variable interest rate based on an adjusted term Secured Overnight Financing Rate plus the applicable adjustment.  The rate set as of March 31, 2025 was 5.77%.  Entergy New Orleans received the funds in March 2025 and used the proceeds to repay, at maturity, its $78 million of 3.00% Series mortgage bonds due March 2025 and for general corporate purposes.(Entergy Texas)In February 2025, Entergy Texas issued $500 million of 5.25% Series mortgage bonds due April 2035.  Entergy Texas expects to use the proceeds, together with other funds, to finance the construction of the Orange County Advanced Power Station and the Lone Star Power Station, and for general corporate purposes.Fair ValueThe book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of March 31, 2025 were as follows:Book Valueof Long-Term DebtFair Valueof Long-Term Debt (a)(In Thousands)Entergy$29,594,991 $26,976,295 Entergy Arkansas$5,107,853 $4,538,510 Entergy Louisiana$10,405,643 $9,371,023 Entergy Mississippi$3,020,618 $2,712,650 Entergy New Orleans$737,355 $697,047 Entergy Texas$4,047,376 $3,723,403 System Energy$1,076,797 $1,063,300 (a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.

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Table of ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of