Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 575

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 575
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,000 Governmental Bonds (a):  2.375% Series due June 2044, Mississippi Business Finance Corp. (c)83,695 83,695 Total governmental bonds83,695 83,695 Variable Interest Entity Notes Payable and Credit Facility (Note 4):  2.05% Series K due September 202790,000 90,000 Credit Facility due June 2027, weighted-average rate 6.27%72,700 21,500 Total variable interest entity notes payable and credit facility162,700 111,500 Other:  Grand Gulf Sale-Leaseback Obligation34,203 34,260 Unamortized Premium and Discount – Net(8,698)(10,451)Unamortized Debt Issuance Costs(7,164)(5,545)Total Long-Term Debt1,089,736 738,459 Less Amount Due Within One Year200,090 57 Long-Term Debt Excluding Amount Due Within One Year$889,646 $738,402 Fair Value of Long-Term Debt$1,063,946 $696,168 (a)Consists of pollution control revenue bonds.

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Table of ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

(b)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.(c)The debt is secured by a series of collateral mortgage bonds.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: Entergy ArkansasEntergy LouisianaEntergy MississippiEntergy New OrleansEntergy TexasSystem Energy(In Thousands)2025$— $300,000 $— $79,140 $— $200,000 2026$690,000 $720,000 $— $85,720 $130,000 $— 2027$22,500 $557,600 $