Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 279

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 7
Chunk 279
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 the applicable adjustment.  The rate set as of June 30, 2025 was 5.79%.  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.  The term loan was subsequently repaid, prior to its maturity, in July 2025.(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.

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Table of ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

(System Energy) In May 2025, System Energy issued $240 million of 5.30% Series mortgage bonds due December 2034.  System Energy used the proceeds, together with other funds, to repay, prior to maturity, its $200 million of 2.14% Series mortgage bonds due December 2025, 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 June 30, 2025 were as follows:Book Valueof Long-Term DebtFair Valueof Long-Term Debt (a)(In Thousands)Entergy$29,929,838 $27,487,432 Entergy Arkansas$5,438,033 $4,883,114 Entergy Louisiana$10,399,823 $9,410,962 Entergy Mississippi$3,020,687 $2,720,374 Entergy New Orleans$737,560 $697,241 Entergy Texas$4,038,417 $3,729,255 System Energy$1,094,396 $1,101,434 (a)Fair values were classified as Level 2 in the fair value hierarchy discussed in Note 8 to the financial statements herein.The book value and the fair value of long-term debt for Entergy and the Registrant Subsidiaries as of December 31, 2024 were as follows:Book Valueof Long-Term DebtFair Valueof Long-Term Debt (a)(In Thousands)Entergy$27