CORRECTED - New Issue-Entergy Louisiana sells $300 mln 1st mtg bds
Corrects name of issuer to Entergy Louisiana LLC, instead of Entergy Louisiana Inc. and corrects name of parent company to Entergy Corp, not Entergy Group.
Corrects company name to Entergy Louisiana LLC, not Entergy Louisiana Inc., and the parent company to Entergy Corporation, not Entergy Group.
Aug 11 (Reuters) - Entergy Louisiana LLC, a unit of
Entergy Corp (ETR.N), on Monday sold $300 million in 10-year
first mortgage bonds, reported IFR, a Thomson Reuters
publication.
Keybanc Capital Markets, Lehman Brothers Inc, and Wachovia Securities were the joint bookrunning managers for the sale. BORROWER: ENTERGY LOUISIANA LLC AMT $300 MLN COUPON 6.50 PCT MATURITY 9/1/2018 TYPE 1ST MTG BDS ISS PRICE 99.931 FIRST PAY 3/1/2009 MOODY'S Baa1 YIELD 6.509 PCT SETTLEMENT 8/18/2008 S&P A-MINUS SPREAD 248 BPS/ PAY FREQ SEMI-ANNUAL FITCH BBB-PLUS 10-YEAR TREASURY MAKE-WHOLE CALL 40 BPS
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