Entergy Texas Inc. Reports New Financial Obligation

TL;DR

Entergy Texas just took on new debt. Details TBD.

AI Summary

On June 11, 2024, Entergy Texas, Inc., a subsidiary of Entergy Corp., issued a Form 8-K to report the creation of a direct financial obligation. The filing details a new debt issuance, though specific dollar amounts and interest rates were not disclosed in this initial report.

Why It Matters

This filing indicates Entergy Texas is taking on new debt, which could impact its financial structure and future investment plans.

Risk Assessment

Risk Level: medium — The creation of a new financial obligation can introduce financial risk if not managed effectively.

Key Players & Entities

• Entergy Texas, Inc. (company) — Filer of the 8-K
• Entergy Corp. (company) — Parent company
• 0000065984-24-000062 (filing_id) — Accession number for the filing

FAQ

Key Financial Figures

• $0.01 — red Entergy Corporation Common Stock, $0.01 Par Value ETR New York Stock Exchange
• $25 — lative, No Par Value (Liquidation Value $25 Per Share) ETI/PR New York Stock Exch
• $3 billion — ment provides Entergy with a five-year, $3 billion unsecured revolving credit and letter o
• $3.5 billion — t facility which may be increased up to $3.5 billion at Entergy's request. The facility prov
• $1.5 billion — ggregate principal amount not to exceed $1.5 billion outstanding at any time and currently i
• $20 million — e issuance of letters of credit against $20 million of the total borrowing capacity of the
• $4,056,000 — 24, there were no loans outstanding and $4,056,000 of letters of credit issued under the E
• $300 million — ides Entergy Arkansas with a five-year, $300 million unsecured revolving credit and letter o
• $350 million — t facility which may be increased up to $350 million at Entergy Arkansas's request. The faci
• $75 million — ggregate principal amount not to exceed $75 million outstanding at any time and currently i
• $5 million — e issuance of letters of credit against $5 million of the total borrowing capacity of the
• $400 million — des Entergy Louisiana with a five-year, $400 million unsecured revolving credit and letter o
• $475 million — t facility which may be increased up to $475 million at Entergy Louisiana's request. The f
• $175 million — ggregate principal amount not to exceed $175 million outstanding at any time and currently i
• $15 million — e issuance of letters of credit against $15 million of the total borrowing capacity of the

Filing Documents

• etr-20240611.htm (8-K) — 90KB
• a0162441.htm (EX-4.1) — 907KB
• a0162442.htm (EX-4.2) — 900KB
• a0162443.htm (EX-4.3) — 902KB
• a0162444.htm (EX-4.4) — 898KB
• a0162445.htm (EX-4.5) — 902KB
• 0000065984-24-000062.txt ( ) — 5571KB
• etr-20240611.xsd (EX-101.SCH) — 5KB
• etr-20240611_def.xml (EX-101.DEF) — 21KB
• etr-20240611_lab.xml (EX-101.LAB) — 39KB
• etr-20240611_pre.xml (EX-101.PRE) — 22KB
• etr-20240611_htm.xml (XML) — 15KB

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description of Exhibit Entergy Corporation 4.1 Fourth Amended and Restated Credit Agreement dated as of June 11, 2024, among Entergy Corporation, as Borrower, the banks and other financial institutions listed on the signature pages thereof, as Lenders, Citibank, N.A., as Administrative Agent and LC Issuing Bank, MUFG Bank, Ltd., as LC Issuing Bank, and the other LC Issuing Banks from time to time parties thereto. Entergy Arkansas, LLC 4.2 Fourth Amended and Restated Credit Agreement dated as of June 11, 2024, among Entergy Arkansas, LLC, as Borrower, the banks and other financial institutions listed on the signature pages thereof, as Lenders, Citibank, N.A., as Administrative Agent, JPMorgan Chase Bank, N.A., as LC Issuing Bank, and the other LC Issuing Banks from time to time parties thereto. Entergy Louisiana, LLC 4.3 Fourth Amended and Restated Credit Agreement dated as of June 11, 2024, among Entergy Louisiana, LLC, as Borrower, the banks and other financial institutions listed on the signature pages thereof, as Lenders, Citibank, N.A., as Administrative Agent, Wells Fargo Bank, National Association and BNP Paribas, as LC Issuing Banks, and the other LC Issuing Banks from time to time parties thereto. Entergy Mississippi, LLC 4.4 First Amended and Restated Credit Agreement dated as of June 11, 2024, among Entergy Mississippi, LLC, as Borrower, the banks and other financial institutions listed on the signature pages thereof, as Lenders, Citibank, N.A., as Administrative Agent, JPMorgan Chase Bank, N.A., as LC Issuing Bank, and the other LC Issuing Banks from time to time parties thereto. Entergy Texas, Inc. 4.5 Fourth Amended and Restated Credit Agreement dated as of June 11, 2024, among Entergy Texas, Inc., as Borrower, the banks and other financial institutions listed on the signature pages thereof, as Lenders, Citibank, N.A., as Administrative Agent , JPMorgan Chase

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Entergy Corporation Entergy Arkansas, LLC Entergy Louisiana, LLC Entergy Mississippi, LLC Entergy Texas, Inc. Registrants Date: June 13, 2024 /s/ Barrett E. Green (Signature) Barrett E. Green Vice President and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR