Entergy Arkansas Issues $150M Promissory Note

TL;DR

Entergy Arkansas just dropped a $150M note, due next year. Watch their cash flow.

AI Summary

Entergy Arkansas, LLC, a subsidiary of Entergy Corp., issued a promissory note on June 11, 2024, for $150 million. This note is part of a larger financing arrangement and is due on June 11, 2025. The filing also includes exhibits related to this financial obligation.

Why It Matters

This filing indicates Entergy Arkansas is securing significant short-term financing, which could impact its liquidity and operational funding for the upcoming year.

Risk Assessment

Risk Level: medium — Issuing a significant promissory note can indicate potential short-term liquidity needs or strategic financing, requiring monitoring of the company's financial health.

Key Numbers

• $150M — Promissory Note Principal (Amount of short-term financing secured by Entergy Arkansas.)
• 1 year — Note Term (Duration of the financing obligation.)

Key Players & Entities

• Entergy Arkansas, LLC (company) — Issuer of the promissory note
• Entergy Corp. (company) — Parent company
• June 11, 2024 (date) — Date of promissory note issuance
• $150 million (dollar_amount) — Principal amount of the promissory note
• June 11, 2025 (date) — Maturity date of the promissory note

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