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Entergy New Orleans, LLC Finalizes $80M Term Loan Agreement
ENJ
Debt Issuance
- Entergy New Orleans, LLC executed a $80 million Term Loan Credit Agreement effective February 21, 2025, with multiple lenders and Bank of America, N.A. designated as the Administrative Agent.
- The agreement provides for a one-time drawing period until March 21, 2025 with repayment due on March 20, 2026, and outlines detailed interest rate structures, fee payment terms, and conversion provisions.
- The 8-K also includes standard representations, warranties, and covenants regarding financial conditions and obligations under the credit arrangement.
Feb 24, 2025, 12:00 AM
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