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Entergy Arkansas, LLC, an electric services company with annual revenues of $2.46 billion and EBITDA of $1.14 billion, has successfully closed the sale of $300 million in First Mortgage Bonds, according to a current report filed with the Securities and Exchange Commission on Thursday, May 8, 2025. The 5.45% Series Bonds, due June 1, 2034, were sold under an Underwriting Agreement dated May 5, 2025. This new issuance adds to the company’s existing total debt of $5.22 billion.
The bonds were offered through the company’s existing automatic shelf Registration Statement on Form S-3, which became effective upon filing. The Registration Statement was filed under No. 333-266624-05.
Entergy Arkansas, which operates under the Central Index Key number 0000007323, is incorporated in Texas with its principal executive offices located at 425 West Capitol Avenue, Little Rock, Arkansas, 72201. The company’s telephone number is 501-377-4000.
The company’s securities, specifically the Mortgage Bonds, 4.875% Series due September 2066, are traded on the New York Stock Exchange under the trading symbol EAI. The stock currently trades at $21.01 and offers an annual dividend of $1.22 per share. For detailed financial analysis and additional insights, including Fair Value estimates and growth projections, visit InvestingPro.
The SEC filing also includes references to legal opinions and consents from law firms Morgan, Lewis (JO:LEWJ) & Bockius LLP, Friday, Eldredge & Clark, LLP, and Husch Blackwell LLP regarding the issuance of the bonds. These documents are incorporated by reference to exhibits from a previous Form 8-K filed on May 10, 2024.
This financial activity is part of the normal course of business for Entergy Arkansas, LLC, and the filing ensures compliance with the necessary regulatory requirements for such transactions. The information detailed in this article is based on the press release statement filed with the SEC.
In other recent news, Entergy Corporation (NYSE:ETR) has announced significant changes to its board of directors. Kimberly S. Cook-Nelson has been appointed to the boards of Entergy Arkansas, LLC, Entergy Louisiana, LLC, Entergy Mississippi, LLC, Entergy New Orleans, LLC, and Entergy Texas, Inc., effective May 1, 2025. This appointment fills the vacancies left by the resignation of Peter S. Norgeot, Jr. The company disclosed that Cook-Nelson will not receive any compensation for her role as a director. There are no reported arrangements or family relationships between Cook-Nelson and any current directors or executive officers of the subsidiaries. Furthermore, Cook-Nelson has no material interest in any transactions requiring disclosure under SEC regulations. These developments were formally declared in an 8-K filing with the U.S. Securities and Exchange Commission. This move is part of Entergy’s ongoing governance and leadership updates.
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