Entergy New Orleans Secures $500M Credit Facility
Ticker: ENO · Form: 8-K · Filed: 2025-07-30T00:00:00.000Z
Sentiment: neutral
Topics: credit-facility, financing, liquidity
Related Tickers: ETR
TL;DR
ETR's New Orleans unit just inked a $500M credit line, maturing in 2030. Good for liquidity.
AI Summary
Entergy Corporation (ETR) announced on July 30, 2025, that its subsidiary, Entergy New Orleans, LLC, has entered into a new credit agreement. This agreement provides for a revolving credit facility with a maximum aggregate principal amount of $500 million. The facility matures on July 30, 2030, and replaces the company's previous revolving credit facility.
Why It Matters
This new credit facility provides Entergy New Orleans with enhanced financial flexibility and liquidity, which is crucial for its ongoing operations and potential capital expenditures.
Risk Assessment
Risk Level: low — The filing details a routine credit agreement renewal, which typically carries low risk.
Key Numbers
- $500 million — Credit Facility Amount (Maximum borrowing capacity under the new agreement.)
- 2030 — Maturity Date (The year the credit facility expires.)
Key Players & Entities
- Entergy New Orleans, LLC (company) — Subsidiary entering credit agreement
- $500 million (dollar_amount) — Maximum aggregate principal amount of the credit facility
- July 30, 2030 (date) — Maturity date of the credit facility
- July 30, 2025 (date) — Date of the credit agreement
- Entergy Corporation (company) — Parent company
FAQ
What is the purpose of the new credit agreement?
The new credit agreement provides Entergy New Orleans, LLC with a revolving credit facility to ensure financial flexibility and liquidity.
What is the total amount of the new credit facility?
The maximum aggregate principal amount of the new credit facility is $500 million.
When does the new credit facility mature?
The new credit facility matures on July 30, 2030.
What does this new credit agreement replace?
This new credit agreement replaces Entergy New Orleans, LLC's previous revolving credit facility.
Which specific subsidiary of Entergy Corporation is involved in this filing?
Entergy New Orleans, LLC is the specific subsidiary involved in this filing.
From the Filing
0000065984-25-000082.txt : 20250730 0000065984-25-000082.hdr.sgml : 20250730 20250730080446 ACCESSION NUMBER: 0000065984-25-000082 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 20 CONFORMED PERIOD OF REPORT: 20250730 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250730 DATE AS OF CHANGE: 20250730 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY CORP /DE/ CENTRAL INDEX KEY: 0000065984 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 721229752 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11299 FILM NUMBER: 251164020 BUSINESS ADDRESS: STREET 1: 639 LOYOLA AVE CITY: NEW ORLEANS STATE: LA ZIP: 70113 BUSINESS PHONE: 504-576-4000 MAIL ADDRESS: STREET 1: PO BOX 61000 CITY: NEW ORLEANS STATE: LA ZIP: 70161 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY CORP /FL/ DATE OF NAME CHANGE: 19940329 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY GSU HOLDINGS INC /DE/ DATE OF NAME CHANGE: 19940329 FORMER COMPANY: FORMER CONFORMED NAME: MIDDLE SOUTH UTILITIES INC DATE OF NAME CHANGE: 19890521 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY MISSISSIPPI, LLC CENTRAL INDEX KEY: 0000066901 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 831950019 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31508 FILM NUMBER: 251164021 BUSINESS ADDRESS: STREET 1: 308 EAST PEARL STREET CITY: JACKSON STATE: MS ZIP: 39201 BUSINESS PHONE: 601-368-5000 MAIL ADDRESS: STREET 1: 308 EAST PEARL STREET CITY: JACKSON STATE: MS ZIP: 39201 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY MISSISSIPPI INC DATE OF NAME CHANGE: 19960610 FORMER COMPANY: FORMER CONFORMED NAME: MISSISSIPPI POWER & LIGHT CO DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY TEXAS, INC. CENTRAL INDEX KEY: 0001427437 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 611435798 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34360 FILM NUMBER: 251164026 BUSINESS ADDRESS: STREET 1: 10055 GROGANS MILL ROAD CITY: THE WOODLANDS STATE: TX ZIP: 77380 BUSINESS PHONE: 409-981-2000 MAIL ADDRESS: STREET 1: 10055 GROGANS MILL ROAD CITY: THE WOODLANDS STATE: TX ZIP: 77380 FORMER COMPANY: FORMER CONFORMED NAME: Entergy Texas, Inc. DATE OF NAME CHANGE: 20080219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SYSTEM ENERGY RESOURCES, INC CENTRAL INDEX KEY: 0000202584 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 720752777 STATE OF INCORPORATION: AR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09067 FILM NUMBER: 251164023 BUSINESS ADDRESS: STREET 1: 1340 ECHELON PKWY CITY: JACKSON STATE: MS ZIP: 39213 BUSINESS PHONE: 601-368-5000 MAIL ADDRESS: STREET 1: 1340 ECHELON PKWY CITY: JACKSON STATE: MS ZIP: 39213 FORMER COMPANY: FORMER CONFORMED NAME: SYSTEM ENERGY RESOURCES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MIDDLE SOUTH ENERGY INC DATE OF NAME CHANGE: 19860803 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY LOUISIANA, LLC CENTRAL INDEX KEY: 0001348952 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 474469646 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32718 FILM NUMBER: 251164025 BUSINESS ADDRESS: STREET 1: 4809 JEFFERSON HIGHWAY CITY: JEFFERSON STATE: LA ZIP: 70121 BUSINESS PHONE: 504-576-4000 MAIL ADDRESS: STREET 1: 4809 JEFFERSON HIGHWAY CITY: JEFFERSON STATE: LA ZIP: