Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 569

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 569
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,575)(11,638)Unamortized Debt Issuance Costs(204,010)(171,475)Other   5,362 5,420 Total Long-Term Debt   27,991,595 25,107,896 Less Amount Due Within One Year  1,378,090 2,099,057 Long-Term Debt Excluding Amount Due Within One Year $26,613,505 $23,008,839 Fair Value of Long-Term Debt $25,181,802 $22,489,174 (a)Consists of pollution control revenue bonds and environmental revenue bonds, some of which are secured by collateral mortgage bonds.(b)Entergy Corporation will pay interest at an annual rate of 7.125% through November 2029.  Commencing on December 1, 2029, the annual rate will equal the five-year treasury rate as of the most recent reset interest determination date plus 2.67%, which interest resets will occur on each five-year anniversary of December 1 after December 1, 2029.

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Table of ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

(c)Pursuant to the Nuclear Waste Policy Act of 1982, Entergy’s nuclear owner/licensee subsidiaries have contracts with the DOE for spent nuclear fuel disposal service.  The contracts include a one-time fee for generation prior to April 7, 1983.  Entergy Arkansas is the only Entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee, plus accrued interest, in long-term debt.The annual long-term debt maturities (excluding lease obligations and long-term DOE obligations) for debt outstanding as of December 31, 2024, for the next five years are as follows: Amount (In Thousands)2025$1,379,140 2026$2,375,720 2027$1,043,520 2028$2,177,293 2029$405,720 Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy have obtained long-term financing authorizations from the FERC that extend through January 2027.  Entergy New Orleans has obtained long-term financing authorization from the City Council that extends through December 2025.  Entergy Arkansas has also obtained first mortgage bond/secured financing authorization