Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 278

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 7
Chunk 278
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1.84% Series N due July 2026$90 millionEntergy Arkansas VIE5.54% Series O due May 2029$70 millionEntergy Louisiana River Bend VIE2.51% Series V due June 2027$70 millionEntergy Louisiana Waterford VIE5.94% Series J due September 2026$70 millionSystem Energy VIE2.05% Series K due September 2027$90 millionIn accordance with regulatory treatment, interest on the nuclear fuel company VIEs’ credit facilities, commercial paper, and long-term notes payable is reported in fuel expense.As of June 30, 2025, Entergy Arkansas, Entergy Louisiana, and System Energy each has obtained financing authorization from the FERC that extends through January 2027 for issuances by its nuclear fuel company VIEs.Debt Issuances and Retirements(Entergy Arkansas)In May 2025, Entergy Arkansas issued $300 million of 5.45% Series mortgage bonds due June 2034.  Entergy Arkansas expects to use the proceeds, together with other funds, to finance the construction of Lake Catherine Unit 5, and for general corporate purposes.(Entergy Louisiana)In January 2025, Entergy Louisiana issued $750 million of 5.80% Series mortgage bonds due March 2055.  Entergy Louisiana used the proceeds, together with other funds: (1) to repay, prior to maturity, its $190 million of 3.78% Series mortgage bonds due April 2025; (2) to repay, prior to maturity, its $110 million of 3.78% Series mortgage bonds due April 2025; (3) for capital expenditures; and (4) for general corporate purposes.(Entergy Mississippi)In March 2025, Entergy 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