Filed Pursuant to Rule 433
Registration No. 333-190911-07
Entergy Louisiana, LLC
$270,000,000
Collateral Trust Mortgage Bonds,
4.875% Series due September 1, 2066
Final Terms and Conditions
August 10, 2016
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Issuer: | | Entergy Louisiana, LLC |
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Security Type: | | Collateral Trust Mortgage Bonds (SEC Registered) |
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Expected Ratings(1): | | A2 (stable outlook) by Moody’s Investors Service A (stable outlook) by Standard & Poor’s Ratings Services |
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Trade Date: | | August 10, 2016 |
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Settlement Date (T+5): | | August 17, 2016 |
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Principal Amount: | | $270,000,000 |
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Interest Rate: | | 4.875% |
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Interest Payment Dates: | | March 1, June 1, September 1 and December 1 of each year |
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First Interest Payment Date: | | December 1, 2016 |
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Final Maturity Date: | | September 1, 2066 |
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Optional Redemption Terms: | | Callable at par at any time on or after September 1, 2021 |
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Price: | | $25.00 per bond |
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Net Proceeds Before Expenses: | | $261,621,500 |
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Expected Listing: | | New York Stock Exchange |
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CUSIP / ISIN: | | 29364W 108 / US29364W1080 |
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Joint Book-Running Managers: | | Merrill Lynch, Pierce, Fenner & Smith Incorporated |
| | Morgan Stanley & Co. LLC |
| | Wells Fargo Securities, LLC |
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Co-Managers: | | J.P. Morgan Securities LLC |
| | Goldman, Sachs & Co. |
| | Samuel A. Ramirez & Company, Inc. |
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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) Merrill Lynch, Pierce, Fenner & Smith Incorporated toll free at 1-800-294-1322, (ii) Morgan Stanley & Co. LLC toll free at 1-866-718-1649 or (iii) Wells Fargo Securities, LLC toll free at 1-800-645-3751.