Filed Pursuant to Rule 433
Registration No. 333-190911-04
Entergy Texas, Inc.
$135,000,000
First Mortgage Bonds,
5.625% Series due June 1, 2064
Final Terms and Conditions
May 13, 2014
Issuer: | | Entergy Texas, Inc. |
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Security Type: | | First Mortgage Bonds (SEC Registered) |
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Expected Ratings(1): | | Baa1 (stable outlook) by Moody’s Investors Service A- (stable outlook) by Standard & Poor’s Ratings Services |
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Trade Date: | | May 13, 2014 |
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Settlement Date (T+3): | | May 16, 2014 |
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Principal Amount: | | $135,000,000 |
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Coupon: | | 5.625% |
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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: | | September 1, 2014 |
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Maturity Date: | | June 1, 2064 |
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Optional Redemption Terms: | | Callable at par, in whole or in part, at any time on or after June 1, 2019 |
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Price: | | $25.00 per bond |
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Net Proceeds Before Expenses: | | $131,711,200 |
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Expected Listing: | | New York Stock Exchange |
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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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CUSIP / ISIN: | | 29365T 104 / US29365T1043 |
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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 1-800-584-6837 or (iii) Wells Fargo Securities, LLC toll free at 1-800-326-5897.