Entergy Louisiana LLC 4.875% Series Collateral Trust Mortgage Bonds due 9/1/2066 (ticker-ELC)
By: Tim McPartland,
Date Issued 8/10/2016
Shares Issued 10,800,000 Overallotment Shares None
Security Ticker Symbol ELC
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Market Traded ON NYSE
Interest Payment Paid on the 1st of March, June, September and December beginning on 12/1/2016
Quarterly Interest .305 Annual Interest 1.219
Securities may be redeemed, at the issuers option, as early as 09/01/2021 for a redemption price of $25/share plus accrued interest
Interest Payment will NOT be a qualified distribution as it is a interest payment–not a dividend
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Maturity Date 9/1/2066
Company Investor Relations Page for Entergy Louisiana (a division of Entergy)
Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
