Entergy completes $1.5 billion offering of junior subordinated debentures
Filed with the SEC on · Summarized by InvestorsBot
Entergy completed the sale of $750 million of Series 2026A junior subordinated debentures due December 15, 2056, and $750 million of Series 2026B debentures due December 15, 2058, on August 7, 2026. Both securities carry a 6.5% initial annual interest rate, with rates resetting based on the five-year Treasury rate plus a spread beginning December 15, 2036, for Series 2026A and December 15, 2033, for Series 2026B.