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Entergy Louisiana, LLC Collateral Trust Mortgage Bonds, 4.875 % Series due September 1, 2066 424B Filings

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Every 424B that Entergy Louisiana, LLC Collateral Trust Mortgage Bonds, 4.875 % Series due September 1, 2066 (ELC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 424B covers the supplement that carries the terms of a priced offering, so if you follow ELC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ELC filings page.

Rhea-AI Summary

Entergy Louisiana, LLC is issuing $1,000,000,000 of secured Collateral Trust Mortgage Bonds in two tranches: $500 million 5.50% bonds due September 15, 2036 and $500 million 6.20% bonds due September 15, 2056. Interest is paid semi-annually starting March 15, 2027.

The bonds are secured by liens on substantially all of Entergy Louisiana’s regulated electric and gas utility property in Louisiana and certain Arkansas assets, through a collateral trust mortgage structure tied to underlying first mortgage bonds. The bonds are offered at slight discounts to par and will not be listed on any exchange.

Net proceeds of approximately $986.96 million are expected to be used to help finance multiple generation, transmission and battery storage projects, to repay or redeem $400 million of 2.40% collateral trust mortgage bonds due 2026, and for general corporate purposes. The company may optionally redeem the bonds, including at 101% of principal following a defined Tax Credit Event, which is tied to potential loss of U.S. tax credits if bonds are held by specified foreign entities. This call risk could affect investors’ realized returns and reinvestment opportunities.

Rhea-AI Summary

Entergy Louisiana, LLC plans a primary offering of two new series of Collateral Trust Mortgage Bonds under its existing shelf registration. The bonds will pay semi-annual interest, be issued in $1,000 denominations, and may be redeemed early at make-whole prices, at par after a defined par call date, or at 101% plus interest upon a Tax Credit Event.

The bonds will be secured by a lien on substantially all of Entergy Louisiana’s tangible electric and gas utility property in Louisiana and certain Arkansas assets, as well as by first-mortgage bonds (Class A Bonds) pledged to the bond trustee. Net proceeds are expected to be used to help finance multiple named generation, transmission and battery storage projects, to repay or redeem up to $400 million of 2.40% Collateral Trust Mortgage Bonds due October 1, 2026, and for general corporate purposes. As of June 30, 2026, $10.85 billion of Collateral Trust Mortgage Bonds and $620 million of first mortgage bonds were outstanding, with significant additional issuance capacity remaining under the mortgage tests.

Rhea-AI Summary

Entergy Louisiana, LLC is offering $1,500,000,000 of Collateral Trust Mortgage Bonds — $750,000,000 of 4.90% Series due April 15, 2036 and $750,000,000 of 5.65% Series due April 15, 2056, under a prospectus supplement.

The bonds pay interest semi‑annually on April 15 and October 15, with the first interest payment on October 15, 2026, and are expected to be delivered through DTC on or about February 26, 2026. Net proceeds of approximately $1.482 billion are intended to finance the Franklin Farms, Waterford 5 and Westlake power projects, support storm restoration costs related to Winter Storm Fern, and for general corporate purposes. The bonds are secured by a mortgage lien on substantially all utility property described in the Mortgage and constitute a new class of securities with no established trading market. The issuer may redeem the bonds under standard optional redemption provisions and, upon a defined Tax Credit Event, at 101% of principal plus accrued interest.

Rhea-AI Summary

Entergy Louisiana, LLC is offering two series of Collateral Trust Mortgage Bonds under a preliminary prospectus supplement dated February 23, 2026. The prospectus describes semi-annual interest payments beginning in 2026, book-entry issuance through DTC, and customary optional redemptions.

The prospectus states a specific right to redeem at 101% if a Tax Credit Event occurs and lists permitted uses of proceeds to finance the Franklin Farms, Waterford 5 and Westlake projects, support storm restoration costs related to Winter Storm Fern, and for general corporate purposes. Underwriting, estimated offering expenses of $2,000,000, and mortgage lien mechanics are described.