8-KOther EventsExhibits & Filings

ENTERGY CORP /DE/ 8-K Report, Corporate Update (Jan 13, 2012)

Filed January 13, 2012For Securities:ETR

Summary

Entergy Corporation (ETR) announced the closing of a debt offering on January 13, 2012, for $500 million in 4.70% Senior Notes due January 15, 2017. This offering was conducted under the company's existing automatic shelf registration statement filed in September 2010. The issuance of these notes represents a significant financing event for Entergy, aimed at managing its capital structure and potentially funding future operations or strategic initiatives. Investors should note that the proceeds from this offering are expected to be used for general corporate purposes. The fixed interest rate of 4.70% provides certainty regarding the cost of this debt over the next five years until maturity. This filing provides transparency on Entergy's financing activities and its ongoing capital management strategy.

Key Highlights

  • 1Entergy Corporation closed a $500 million debt offering of 4.70% Senior Notes due January 15, 2017.
  • 2The offering took place on January 13, 2012.
  • 3The notes were issued under an existing shelf registration statement (Form S-3 No. 333-169315).
  • 4The proceeds are intended for general corporate purposes.
  • 5This is a significant financing activity to manage Entergy's capital structure.
  • 6The notes carry a fixed interest rate of 4.70% maturing in January 2017.

Frequently Asked Questions

The proceeds from the sale of the 4.70% Senior Notes are intended for Entergy Corporation's general corporate purposes. This typically includes funding operations, capital expenditures, debt refinancing, or other strategic initiatives.

The Senior Notes have a fixed interest rate of 4.70% per annum and mature on January 15, 2017, making them a five-year debt instrument.

The issuance of $500 million in Senior Notes increases Entergy's total debt. However, it also provides the company with capital that can be used for investments or to manage its existing debt obligations, potentially strengthening its financial flexibility if managed effectively.

The offering was conducted under an automatic shelf registration statement filed in September 2010. This indicates that Entergy had pre-filed the ability to issue debt securities, suggesting this was a planned financing activity rather than an unexpected event.