Entergy

Entergy Louisiana completed the placement of collateral trust mortgage bonds with an aggregate principal amount of $1 billion, split into two series of $500 million each. The first series carries a 5.50% coupon and matures on September 15, 2036; the second carries a 6.20% coupon and matures on September 15, 2056. The issuance increases the utility’s total debt to $11.6 billion and will be used to finance infrastructure investments; Entergy Louisiana recorded $5.95 billion in revenue over the last twelve months. The bonds were registered under the effective S-3 shelf registration statement and the transaction is closed. » Więcej na de.investing.com

Entergy said in an SEC filing that it completed a placement of $1.5 billion of subordinated notes consisting of two $750 million tranches maturing in 2056 (Series 2026A) and 2058 (Series 2026B). Both series pay 6.50% until specified years and thereafter reset every five years to the five-year US Treasury rate plus a respective spread (1.877% and 2.030%), each with an interest floor of 6.50%. The new issue raises total debt from the prior $34.6 billion and lifts the debt-to-equity ratio to about 1.9x. In its latest report, Entergy also missed Q2 expectations on adjusted earnings and revenue. » Więcej na de.investing.com

Entergy’s board has declared a quarterly dividend of $0.64 per common share. The dividend will be paid on September 1, 2026, to shareholders of record as of August 13, 2026. Entergy has paid uninterrupted cash dividends since 1988 and serves more than 3 million customers across several U.S. states. » Więcej na de.investing.com