8-KOther EventsExhibits & Filings

ENTERGY CORP /DE/ 8-K Report, Corporate Update (Feb 26, 2010)

Filed February 26, 2010For Securities:ETR

Summary

Entergy Corporation filed an 8-K on February 26, 2010, primarily to disclose an amendment to a credit agreement. Specifically, Exhibit 99.1 details Amendment No. 2 to the Credit Agreement dated December 23, 2008, concerning Enexus Energy Corporation, as Borrower. This amendment was dated February 25, 2010, and involved Enexus Energy Corporation and its lenders, with Citigroup Global Markets Inc. and Goldman Sachs Lending Partners LLC acting as joint book runners and lead arrangers. Other parties involved include BNP Paribas as administrative agent, The Bank of Nova Scotia Trust Company of New York as collateral agent, and Mizuho Corporate Bank, Ltd as syndication agent. This filing is important as it indicates changes or adjustments to the financing structure or terms for Enexus Energy Corporation, a subsidiary or related entity of Entergy.

Key Highlights

  • 1Entergy Corp filed an 8-K on February 26, 2010.
  • 2The core of the filing is Exhibit 99.1, detailing Amendment No. 2 to a Credit Agreement.
  • 3The amendment pertains to Enexus Energy Corporation, identified as the Borrower.
  • 4The original Credit Agreement was dated December 23, 2008.
  • 5Amendment No. 2 was dated February 25, 2010, signifying a recent modification.
  • 6Key financial institutions involved include Citigroup Global Markets Inc., Goldman Sachs Lending Partners LLC, BNP Paribas, The Bank of Nova Scotia Trust Company of New York, and Mizuho Corporate Bank, Ltd in various capacities.
  • 7This filing signals a change in the debt financing terms for Enexus Energy Corporation.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report on an amendment made to a credit agreement involving Enexus Energy Corporation, a borrower related to Entergy Corporation.

Enexus Energy Corporation is identified as the Borrower in the credit agreement and its subsequent amendment. While not explicitly stated in the provided excerpt, it is likely a subsidiary or an entity closely associated with Entergy Corporation.

The provided excerpt does not detail the specific changes within Amendment No. 2. It only states that an amendment was made to the Credit Agreement dated December 23, 2008, modifying its terms as of February 25, 2010.

The listed financial institutions are involved in various capacities related to the credit agreement: Citigroup Global Markets Inc. and Goldman Sachs Lending Partners LLC acted as joint book runners and joint lead arrangers, BNP Paribas served as the administrative agent, The Bank of Nova Scotia Trust Company of New York was the collateral agent, and Mizuho Corporate Bank, Ltd was the syndication agent.