# EDGAR Filing Document

**Accession Number:** 0000007323
**File Stem:** 0001193125-26-002720
**Filing Date:** 2026-1
**Character Count:** 8752
**Document Hash:** 362f0309fe56a43d8d7d332060fe3bb5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-002720.hdr.sgml**: 20260105

**ACCESSION NUMBER**: 0001193125-26-002720

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260105

**DATE AS OF CHANGE**: 20260105

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ENTERGY ARKANSAS, LLC
- **CENTRAL INDEX KEY:** 0000007323
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 831918668
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-289302-05
- **FILM NUMBER:** 26507607

**BUSINESS ADDRESS:**
- **STREET 1:** 425 WEST CAPITOL AVE
- **CITY:** LITTLE ROCK
- **STATE:** AR
- **ZIP:** 72201
- **BUSINESS PHONE:** 501-377-4000

**MAIL ADDRESS:**
- **STREET 1:** P. O. BOX 551
- **CITY:** LITTLE ROCK
- **STATE:** AR
- **ZIP:** 72203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ENTERGY ARKANSAS INC
- **DATE OF NAME CHANGE:** 19960610

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ARKANSAS POWER & LIGHT CO
- **DATE OF NAME CHANGE:** 19920703
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ENTERGY ARKANSAS, LLC
- **CENTRAL INDEX KEY:** 0000007323
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 831918668
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 425 WEST CAPITOL AVE
- **CITY:** LITTLE ROCK
- **STATE:** AR
- **ZIP:** 72201
- **BUSINESS PHONE:** 501-377-4000

**MAIL ADDRESS:**
- **STREET 1:** P. O. BOX 551
- **CITY:** LITTLE ROCK
- **STATE:** AR
- **ZIP:** 72203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ENTERGY ARKANSAS INC
- **DATE OF NAME CHANGE:** 19960610

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ARKANSAS POWER & LIGHT CO
- **DATE OF NAME CHANGE:** 19920703

**Filed Pursuant to Rule 433** 

**Registration No. 333-289302-05** 

**ENTERGY ARKANSAS, LLC** 

**$1,000,000,000** 

**$500,000,000 First Mortgage Bonds, 4.95% Series due January 15, 2036 ("2036 Bonds")** 

**$500,000,000 First Mortgage Bonds, 5.75% Series due January 15, 2056 ("2056 Bonds")** 

<u>Final Terms and Conditions</u> 

January 5, 2026

---

| | |
|:---|:---|
| **Issuer:** | Entergy Arkansas, LLC |
| **Security Type:** | First Mortgage Bonds (SEC Registered) |
| **Expected Ratings<sup>(1)</sup>:** | A2 (stable outlook) by Moody's Investors Service, Inc.<br> A (stable outlook) by S&P Global Ratings |
| **Trade Date:** | January 5, 2026 |
| **Settlement Date (T+3)<sup>(2)</sup>:** | January 8, 2026 |
| **Principal Amount:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | $500000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | $500000000 |
| **Interest Rate:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | 4.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | 5.75% |
| **Interest Payment Dates:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | January 15 and July 15 of each year |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | January 15 and July 15 of each year |
| **First Interest Payment Date:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | July 15, 2026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | July 15, 2026 |
| **Final Maturity Date:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | January 15, 2036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | January 15, 2056 |

---

------

---

| | |
|:---|:---|
| **Optional Redemption Terms:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | In whole or in part, make-whole call at any time prior to October 15, 2035 at a discount rate of Treasury plus 15 bps and, thereafter, at 100% of the principal amount of the 2036 Bonds being redeemed plus accrued and unpaid interest thereon to the redemption date. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | In whole or in part, make-whole call at any time prior to July 15, 2055 at a discount rate of Treasury plus 15 bps and, thereafter, at 100% of the principal amount of the 2056 Bonds being redeemed plus accrued and unpaid interest thereon to the redemption date. |
| **Call for Tax Credit Event:** | In whole but not in part, at 101% of the principal amount of the series of Bonds to be redeemed plus, in each case, accrued and unpaid interest thereon to the redemption date. |
| **Benchmark Treasury:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | 4.000% due November 15, 2035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | 4.750% due August 15, 2055 |
| **Benchmark Treasury Price:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | 98-21+ |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | 98-12 |
| **Benchmark Treasury Yield:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | 4.165% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | 4.854% |
| **Spread to Benchmark Treasury:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | 83 bps |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | 93 bps |
| **Re-offer Yield:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | 4.995% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | 5.784% |
| **Price to Public:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | 99.647% of the principal amount of the 2036 Bonds |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | 99.517% of the principal amount of the 2056 Bonds |
| **Net Proceeds After Underwriting Discount and Before Expenses:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | $494985000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | $493210000 |

---

------

---

| | |
|:---|:---|
| **CUSIP / ISIN:** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2036 Bonds: | 29366M AH1 / US29366MAH16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2056 Bonds: | 29366M AJ7 / US29366MAJ71 |
| **Joint Book-Running Managers:** | BNP Paribas Securities Corp.<br> BNY Mellon Capital Markets, LLC<br> KeyBanc Capital Markets Inc.<br> MUFG Securities Americas Inc.<br> Stephens Inc.<br> U.S. Bancorp Investments, Inc. |
| **Co-Manager:** | Mischler Financial Group, Inc. |

---

______________________

<sup>(1)</sup> A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. Rating outlook is assigned at the issuer level and not to individual securities and may be subject to revision at any time.

<sup>(2)</sup> It is expected that delivery of the bonds will be made on or about January 8, 2026, which will be the third business day following the date hereof (such settlement being referred to as "T+3"). Under Rule 15c6-1 under the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in one business day (T+1), unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the bonds more than one business day prior to the scheduled settlement date will be required, by virtue of the fact that the bonds will initially settle in T+3, to specify an alternative settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers of the bonds who wish to trade the bonds more than one business day prior to the scheduled settlement date should consult their own advisors. 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.

Alternatively, a copy of the prospectus for the offering can be obtained by calling (i) BNP Paribas Securities Corp. toll-free at 1-800-854-5674, (ii) BNY Mellon Capital Markets, LLC toll-free at 1-800-269-6864, (iii) KeyBanc Capital Markets Inc. toll-free at 1-866-227-6479, (iv) MUFG Securities Americas Inc. toll-free at 1-877-649-6848, (v) Stephens Inc. toll-free at 1-800-643-9691, or (vi) U.S. Bancorp Investments, Inc. toll-free at 1-877-558-2607.