Entergy Louisiana, LLC COLLATERAL TR MT (ELC) FWP Free writing prospectus

Filed Pursuant to Rule 433

Registration No. 333-190911-07

Entergy Louisiana, LLC

$425,000,000

Collateral Trust Mortgage Bonds,

3.25% Series due April 1, 2028

Final Terms and Conditions

March 17, 2016

Issuer:	Entergy Louisiana, LLC
Security Type:	Collateral Trust Mortgage Bonds (SEC Registered)
Expected Ratings(1):	A2 (stable outlook) by Moody’s Investors Service A- (positive outlook) by Standard & Poor’s Ratings Services
Trade Date:	March 17, 2016
Settlement Date (T+5):	March 24, 2016
Principal Amount:	$425,000,000
Interest Rate:	3.25%
Interest Payment Dates:	April 1 and October 1 of each year
First Interest Payment Date:	October 1, 2016
Final Maturity Date:	April 1, 2028
Optional Redemption Terms:	Make-whole call at any time prior to January 1, 2028 at a discount rate of Treasury plus 25 bps and, thereafter, at par
Benchmark Treasury:	1.625% due February 15, 2026
Spread to Benchmark Treasury:	135 bps
Benchmark Treasury Price:	97-16+
Benchmark Treasury Yield:	1.901%
Re-offer Yield:	3.251%
Price to Public:	99.990%

Net Proceeds Before Expenses:	$422,088,750
CUSIP / ISIN:	29364W AW8 / US29364WAW82
Joint Book-Running	Barclays Capital Inc.
Managers:	BNP Paribas Securities Corp.
	Mitsubishi UFJ Securities (USA), Inc.
	SMBC Nikko Securities America, Inc.
Co-Managers:	Regions Securities LLC
	Mischler Financial Group, Inc.
	The Williams Capital Group, L.P.

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¹ A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.

Alternatively, a copy of the prospectus for the offering can be obtained by calling (i) Barclays Capital Inc. toll free at 1-888-603-5847, (ii) BNP Paribas Securities Corp. toll free at 1-800-854-5674, (iii) Mitsubishi UFJ Securities (USA), Inc. toll free at 1-877-649-6848 or (iv) SMBC Nikko Securities America, Inc. toll free at 1-888-868-6856.